Steven Richard Bailey - Feb 7, 2023 Form 4 Insider Report for PennyMac Financial Services, Inc. (PFSI)

Role
Chief Servicing Officer
Signature
/s/ Derek W. Stark, attorney-in-fact for Mr. Bailey
Stock symbol
PFSI
Transactions as of
Feb 7, 2023
Transactions value $
-$2,493,832
Form type
4
Date filed
2/8/2023, 07:23 PM
Previous filing
Apr 11, 2022
Next filing
Feb 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFSI Common Stock Options Exercise $98.9K +4.32K +11.62% $22.92 41.5K Feb 7, 2023 Direct F1
transaction PFSI Common Stock Sale -$286K -4.32K -10.41% $66.27 37.1K Feb 7, 2023 Direct F2, F3
transaction PFSI Common Stock Sale -$1.67M -25.2K -67.92% $66.27 11.9K Feb 7, 2023 Direct F2, F4
transaction PFSI Common Stock Options Exercise $80.7K +3.52K +29.55% $22.92 15.4K Feb 8, 2023 Direct F5
transaction PFSI Common Stock Sale -$233K -3.52K -22.81% $66.33 11.9K Feb 8, 2023 Direct F6, F7, F8
transaction PFSI Common Stock Options Exercise $540K +15.4K +129.28% $35.03 27.3K Feb 8, 2023 Direct F9
transaction PFSI Common Stock Sale -$1.02M -15.4K -56.39% $66.33 11.9K Feb 8, 2023 Direct F10

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
transaction PFSI Nonstatutory Stock Option (Right to Buy) Options Exercise $0 -4.32K -55.08% $0.00 3.52K Feb 7, 2023 Common Stock 4.32K $22.92 Direct
transaction PFSI Nonstatutory Stock Option (Right to Buy) Options Exercise $0 -3.52K -100% $0.00* 0 Feb 8, 2023 Common Stock 3.52K $22.92 Direct
transaction PFSI Nonstatutory Stock Option (Right to Buy) Options Exercise $0 -15.4K -66.67% $0.00 7.7K Feb 8, 2023 Common Stock 15.4K $35.03 Direct
* 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 11,914 restricted stock units and 29,543 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.
F2 The price reported is the weighted average price of multiple transactions ranging from $65.80 to $66.62. The reporting person hereby undertakes to provide upon request to the SEC, the Issuer or a security holder of the Issuer the number of Class A Common Stock and the prices at which the transactions were effected.
F3 The reported amount consists of 11,914 restricted stock units and 25,226 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.
F4 The reported amount consists of 11,914 restricted stock units. These restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.
F5 The reported amount consists of 11,914 restricted stock units and 3,520 of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.
F6 The price reported is the weighted average price of multiple transactions ranging from $65.52 to $66.51. The reporting person hereby undertakes to provide upon request to the SEC, the Issuer or a security holder of the Issuer the number of Class A Common Stock and the prices at which the transactions were effected.
F7 The price reported is the weighted average price of multiple transactions ranging from $66.52 to $66.87. The reporting person hereby undertakes to provide upon request to the SEC, the Issuer or a security holder of the Issuer the number of Class A Common Stock and the prices at which the transactions were effected.
F8 The reported amount consists of 11,914 restricted stock units. These restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.
F9 The reported amount consists of 11,914 restricted stock units and 15,403 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.
F10 The reported amount consists of 11,914 restricted stock units. These restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.