Doug Jones - Dec 8, 2023 Form 4 Insider Report for PennyMac Financial Services, Inc. (PFSI)

Role
Director, President & CMBO, Director
Signature
/s/ Derek W. Stark, attorney-in-fact for Mr. Jones
Stock symbol
PFSI
Transactions as of
Dec 8, 2023
Transactions value $
-$4,574,495
Form type
4
Date filed
12/12/2023, 08:14 PM
Previous filing
Jun 5, 2023
Next filing
Dec 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFSI Common Stock Options Exercise $487K +28.2K +112.94% $17.26 53.2K Dec 8, 2023 Direct F1
transaction PFSI Common Stock Sale -$2.25M -28.2K -53.04% $79.82 25K Dec 8, 2023 Direct F2, F3, F4
transaction PFSI Common Stock Sale -$2.23M -27.8K -5.11% $80.23 517K Dec 8, 2023 GR Family Investments LLC F5
transaction PFSI Common Stock Sale -$576K -7.17K -1.39% $80.38 510K Dec 11, 2023 GR Family Investments LLC F6
holding PFSI Common Stock 17.5K Dec 8, 2023 The Jones 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 -28.2K -100% $0.00* 0 Dec 8, 2023 Common Stock 28.2K $17.26 Direct F7
holding PFSI Nonstatutory Stock Option (Right to Buy) 54.1K Dec 8, 2023 Common Stock 54.1K $57.10 Direct F8
holding PFSI Nonstatutory Stock Option (Right to Buy) 23.8K Dec 8, 2023 Common Stock 23.8K $17.52 Direct F9
holding PFSI Nonstatutory Stock Option (Right to Buy) 27.8K Dec 8, 2023 Common Stock 27.8K $11.28 Direct F10
holding PFSI Nonstatutory Stock Option (Right to Buy) 34.6K Dec 8, 2023 Common Stock 34.6K $18.05 Direct F11
holding PFSI Nonstatutory Stock Option (Right to Buy) 26.5K Dec 8, 2023 Common Stock 26.5K $24.40 Direct F12
holding PFSI Nonstatutory Stock Option (Right to Buy) 27.7K Dec 8, 2023 Common Stock 27.7K $22.92 Direct F13
holding PFSI Nonstatutory Stock Option (Right to Buy) 54K Dec 8, 2023 Common Stock 54K $59.68 Direct F14
holding PFSI Nonstatutory Stock Option (Right to Buy) 30.4K Dec 8, 2023 Common Stock 30.4K $35.03 Direct F15
holding PFSI Nonstatutory Stock Option (Right to Buy) 29.6K Dec 8, 2023 Common Stock 29.6K $58.85 Direct F16
holding PFSI Nonstatutory Stock Option (Right to Buy) 25.7K Dec 8, 2023 Common Stock 25.7K $60.74 Direct F17
* 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 24,984 restricted stock units and 28,216 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 $80.05 to $80.31. 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 price reported is the weighted average price of multiple transactions ranging from $80.05 to $80.31. 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.
F4 The reported amount consists of 24,984 restricted stock units which are to be settled in an equal number of shares of Common Stock upon vesting.
F5 The price reported is the weighted average price of multiple transactions ranging from $80.05 to $80.31. 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.
F6 The price reported is the weighted average price of multiple transactions ranging from $79.94 to $80.63. 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.
F7 This nonstatutory stock option to purchase 28,216 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of February 26, 2015, 2016 and 2017, subject to the Reporting Person's continued service through each date.
F8 This nonstatutory stock option to purchase 54,063 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 23,829 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of March 3, 2016, 2017 and 2018, subject to the Reporting Person's committed service through each date.
F10 This nonstatutory stock option to purchase 27,771 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of March 7, 2017, 2018 and 2019, subject to the Reporting Person's continued service through each date.
F11 This nonstatutory stock option to purchase 34,626 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of March 6, 2018, 2019 and 2020, subject to the Reporting Person's continued service through each date.
F12 This nonstatutory stock option to purchase 26,467 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 continued service through each date.
F13 This nonstatutory stock option to purchase 27,744 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of March 15, 2020, 2021 and 2022, subject to the Reporting Person's continued service through each date.
F14 This nonstatutory stock option to purchase 54,024 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of December 14, 2020, 2021 and 2022, subject to the Reporting Person's continued service through each lapse date.
F15 This nonstatutory stock option to purchase 30,366 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.
F16 This nonstatutory stock option to purchase 29,566 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.
F17 This nonstatutory stock option to purchase 25,724 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of February 24, 2024, 2025 and 2026, subject to the Reporting Person's continued service through each date.