Form 4 for PFSI PennyMac Financial Services, Inc.
Accepted 2022-02-25 00:00:00 ET · period of report 2022-02-23 · accession 0001127602-22-006894 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-02-25 | 2022-02-23 | PFSI | Hendry Gregory L | CAO, MD | A - Grant | $0.00 | +612 | 43.6K | +1% | $0 |
| D | 2022-02-25 | 2022-02-23 | PFSI | Hendry Gregory L | CAO, MD | F - Tax | $58.05 | -1,241 | 45.6K | -3% | -$72.0K |
| D | 2022-02-25 | 2022-02-23 | PFSI | Hendry Gregory L | CAO, MD | M - OptEx | $0.00 | +3,268 | 46.9K | +7% | $0 |
| D | 2022-02-25 | 2022-02-23 | PFSI | Hendry Gregory L | CAO, MD | M - OptEx | $0.00 | -3,268 | 0 | -100% | $0 |
| D | 2022-02-25 | 2022-02-23 | PFSI | Hendry Gregory L | CAO, MD | A - Grant | $0.00 | +3,268 | 3,268 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-02-23 | A | A | 612 | $0.00 | 43,623 | D | — | — | (F1) The Reporting Person was granted restricted stock units, which will vest in three equal installments beginning on the first anniversary of the date of grant, are to be settled in an equal number of shares of Common Stock upon vesting. (F2) The reported amount consists of 2,838 restricted stock units and 40,785 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting. |
| 2 | Common | Common Stock | 2022-02-23 | F | D | 1,241 | $58.05 | 45,650 | D | — | — | (F5) Represents shares withheld for taxes upon vesting of restricted stock units. (F6) The reported amount consists of 2,838 restricted stock units and 42,812 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting. |
| 3 | Common | Common Stock | 2022-02-23 | M | A | 3,268 | $0.00 | 46,891 | D | — | — | (F3) This performance-based restricted stock unit (PSU) award was granted to the Reporting Person on March 15, 2019 and vested on February 23, 2022, as determined by the Compensation Committee of the Board of Directors. The payout of shares of Common Stock pursuant to the PSU award was determined based on PNMAC pre-tax return on equity (ROE) of 38.2% for the period of January 1, 2019 through December 31, 2021 as measured against the ROE target established at the time of grant. The payout percentage for the award based on ROE achievement was 130%. (F4) The reported amount consists of 2,838 restricted stock units and 44,053 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting. |
| 4 | Derivative | Performance-Based Restricted Stock Units | 2022-02-23 | M | D | 3,268 | $0.00 | 0 | D | — · — to — | 3,268 Common Stock | (F3) This performance-based restricted stock unit (PSU) award was granted to the Reporting Person on March 15, 2019 and vested on February 23, 2022, as determined by the Compensation Committee of the Board of Directors. The payout of shares of Common Stock pursuant to the PSU award was determined based on PNMAC pre-tax return on equity (ROE) of 38.2% for the period of January 1, 2019 through December 31, 2021 as measured against the ROE target established at the time of grant. The payout percentage for the award based on ROE achievement was 130%. |
| 5 | Derivative | Performance-Based Restricted Stock Units | 2022-02-23 | A | A | 3,268 | $0.00 | 3,268 | D | — · — to — | 3,268 Common Stock | (F3) This performance-based restricted stock unit (PSU) award was granted to the Reporting Person on March 15, 2019 and vested on February 23, 2022, as determined by the Compensation Committee of the Board of Directors. The payout of shares of Common Stock pursuant to the PSU award was determined based on PNMAC pre-tax return on equity (ROE) of 38.2% for the period of January 1, 2019 through December 31, 2021 as measured against the ROE target established at the time of grant. The payout percentage for the award based on ROE achievement was 130%. |