William Herbert Chang - Mar 22, 2023 Form 3 Insider Report for PennyMac Financial Services, Inc. (PFSI)

Role: Chief Capital Markets Officer
Signature: /s/ Derek W. Stark, attorney-in-fact for Mr. Chang
Stock symbol: PFSI
Transactions as of: Mar 22, 2023
Transactions value $: $0
Form type: 3
Date filed: 3/22/2023, 08:46 PM
Previous filing: Mar 22, 2023
Next filing: Dec 15, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	PFSI	Common Stock						41.1K	Mar 22, 2023	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)							Mar 22, 2023	Common Stock	16.2K	$59.68	Direct	F2
holding	PFSI	Nonstatutory Stock Option (Right to Buy)							Mar 22, 2023	Common Stock	10.3K	$58.85	Direct	F3
holding	PFSI	Nonstatutory Stock Option (Right to Buy)							Mar 22, 2023	Common Stock	7.62K	$57.10	Direct	F4
holding	PFSI	Nonstatutory Stock Option (Right to Buy)							Mar 22, 2023	Common Stock	6.69K	$60.74	Direct	F5
holding	PFSI	Nonstatutory Stock Option (Right to Buy)							Mar 22, 2023	Common Stock	10.4K	$57.10	Direct	F6
holding	PFSI	Nonstatutory Stock Option (Right to Buy)							Mar 22, 2023	Common Stock	3.85K	$56.75	Direct	F7

* 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 9,160 restricted stock units and 31,899 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 16,207 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each anniversary date, subject to the Reporting Person's committed service through that date.
F3	This nonstatutory stock option to purchase 10,348 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each anniversary date, subject to the Reporting Person's committed service through that date.
F4	This nonstatutory stock option to purchase 7,618 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each anniversary date, subject to the Reporting Person's committed service through that date.
F5	This nonstatutory stock option to purchase 6,688 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each anniversary date, subject to the Reporting Person's committed service through that date.
F6	This nonstatutory stock option to purchase 10,440 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each anniversary date, subject to the Reporting Person's committed service through that date.
F7	This nonstatutory stock option to purchase 3,854 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each anniversary date, subject to the Reporting Person's committed service through that date.