Donald J. White - Apr 1, 2022 Form 3 Insider Report for PennyMac Financial Services, Inc. (PFSI)

Role
Chief Risk Officer
Signature
/s/ Derek W. Stark, attorney-in-fact for Mr. White
Stock symbol
PFSI
Transactions as of
Apr 1, 2022
Transactions value $
$0
Form type
3
Date filed
4/11/2022, 08:21 PM
Next filing
Feb 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PFSI Common Stock 6.24K Apr 1, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding PFSI Nonstatutory Stock Option (Right to Buy) Apr 1, 2022 Common Stock 854 $24.40 Direct F2
holding PFSI Nonstatutory Stock Option (Right to Buy) Apr 1, 2022 Common Stock 4.05K $59.68 Direct F3
holding PFSI Nonstatutory Stock Option (Right to Buy) Apr 1, 2022 Common Stock 3.7K $58.85 Direct F4
holding PFSI Nonstatutory Stock Option (Right to Buy) Apr 1, 2022 Common Stock 7.69K $57.10 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported amount consists of 3,823 restricted stock units and 2,413 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.
F2 This nonstatutory stock option to purchase shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of March 9, 2019, 2020 and 2021, subject to the Reporting Person's committed service through each date.
F3 This nonstatutory stock option to purchase shares of Common Stock of the Issuer is fully vested but subject to certain transfer restrictions that will lapse in one-third increments on each of December 14, 2021, 2022 and 2023, subject to the Reporting Person's continued service through each lapse date.
F4 This nonstatutory stock option to purchase shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of February 25, 2022, 2023 and 2024, subject to the Reporting Person's continued service through each date.
F5 This nonstatutory stock option to purchase shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of February 23, 2023, 2024 and 2025, subject to the Reporting Person's continued service through each date.