Steven Richard Bailey - 08 Dec 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
Issuer symbol
PFSI
Transactions as of
08 Dec 2023
Net transactions value
-$706,200
Form type
4
Filing time
12 Dec 2023, 20:06:45 UTC
Previous filing
01 Mar 2023
Next filing
27 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFSI Common Stock Options Exercise $269,801 +7,702 +87% $35.03 16,602 08 Dec 2023 Direct F1
transaction PFSI Common Stock Options Exercise $507,464 +8,623 +52% $58.85 25,225 08 Dec 2023 Direct F2
transaction PFSI Common Stock Options Exercise $416,202 +7,289 +29% $57.10 32,514 08 Dec 2023 Direct F3
transaction PFSI Common Stock Sale $617,359 -7,702 -24% $80.16 24,812 08 Dec 2023 Direct F4
transaction PFSI Common Stock Sale $691,183 -8,623 -35% $80.16 16,189 08 Dec 2023 Direct F4
transaction PFSI Common Stock Sale $584,255 -7,289 -45% $80.16 8,900 08 Dec 2023 Direct F4
transaction PFSI Common Stock Options Exercise $17,130 +300 +3.4% $57.10 9,200 11 Dec 2023 Direct F5
transaction PFSI Common Stock Sale $24,000 -300 -3.3% $80.00 8,900 11 Dec 2023 Direct

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 -7,702 -100% $0.000000* 0 08 Dec 2023 Common Stock 7,702 $35.03 Direct F6
transaction PFSI Nonstatutory Stock Option (Right to Buy) Options Exercise $0 -8,623 -67% $0.000000 4,312 08 Dec 2023 Common Stock 8,623 $58.85 Direct F7
transaction PFSI Nonstatutory Stock Option (Right to Buy) Options Exercise $0 -7,289 -32% $0.000000 15,480 08 Dec 2023 Common Stock 7,289 $57.10 Direct F8
transaction PFSI Nonstatutory Stock Option (Right to Buy) Options Exercise $0 -300 -1.9% $0.000000 15,180 11 Dec 2023 Common Stock 300 $57.10 Direct F9
holding PFSI Nonstatutory Stock Option (Right to Buy) 6,688 08 Dec 2023 Common Stock 6,688 $60.74 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 8,900 restricted stock units and 7,702 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 reported amount consists of 8,900 restricted stock units and 16,325 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.
F3 The reported amount consists of 8,900 restricted stock units and 23,614 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 price reported is the weighted average price of multiple transactions ranging from $79.87 to $80.23. 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.
F5 The reported amount consists of 8,900 restricted stock units and 300 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.
F6 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 26, 2021, 2022 and 2023, subject to the Reporting Person's continued service through each date.
F7 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.
F8 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.
F9 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.