Daniel Stanley Perotti - Mar 20, 2023 Form 4 Insider Report for PennyMac Financial Services, Inc. (PFSI)

Role
Chief Financial Officer
Signature
/s/ Derek W. Stark, attorney-in-fact for Mr. Perotti
Stock symbol
PFSI
Transactions as of
Mar 20, 2023
Transactions value $
-$144,131
Form type
4
Date filed
3/22/2023, 08:38 PM
Previous filing
Mar 7, 2023
Next filing
Aug 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFSI Common Stock Options Exercise $0 +2.52K +8.31% $0.00 32.9K Mar 20, 2023 Direct F1
transaction PFSI Common Stock Sale -$144K -2.52K -7.68% $57.13 30.3K Mar 20, 2023 Direct F2, F3
holding PFSI Common Stock 288K Mar 20, 2023 The Perotti Family Trust

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 -2.52K -100% $0.00* 0 Mar 20, 2023 Common Stock 2.52K $21.03 Direct F4
* 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 14,364 restricted stock units and 18,502 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 at prices ranging from $57.12 to $57.16. The reporting person hereby undertakes to provide upon request to the SEC, the Issuer or a security holder of the Issuer the number of Common Stock and the prices at which the transactions were effected.
F3 The reported amount consists of 14,364 restricted stock units and 15,979 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 nonstautory stock option to purchase 2,523 shares of Common Stock of the Issuer will vest on June 13, 2014, the one year anniversary date of the optioned shares, subject to the Reporting Person's continued service through that date.