Form 4 for PFSI PennyMac Financial Services, Inc.
Accepted 2023-02-28 00:00:00 ET · period of report 2023-02-24 · accession 0001127602-23-007693 · 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 | 2023-02-28 | 2023-02-24 | PFSI | Follette James | Chief Mort Fulfillment Off | A - Grant | $0.00 | +4,630 | 17.5K | +36% | $0 |
| D | 2023-02-28 | 2023-02-24 | PFSI | Follette James | Chief Mort Fulfillment Off | M - OptEx | $0.00 | +20.2K | 37.7K | +115% | $0 |
| D | 2023-02-28 | 2023-02-24 | PFSI | Follette James | Chief Mort Fulfillment Off | F - Tax | $0.00 | -8,495 | 29.2K | -23% | $0 |
| DM | 2023-02-28 | 2023-02-24 | PFSI | Follette James | Chief Mort Fulfillment Off | A - Grant | $0.00 | +31.7K | 20.2K | New | $0 |
| D | 2023-02-28 | 2023-02-24 | PFSI | Follette James | Chief Mort Fulfillment Off | M - OptEx | $0.00 | -20.2K | 0 | -100% | $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 | 2023-02-24 | A | A | 4,630 | $0.00 | 17,532 | 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 15,049 restricted stock units and 2,483 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 | 2023-02-24 | M | A | 20,166 | $0.00 | 37,698 | D | — | — | (F3) This performance-based restricted stock unit (PSU) award was granted to the Reporting Person on February 26, 2020 and vested on February 24, 2023, 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 return on equity and leverage ratio performance for the period of January 1, 2020 through December 31, 2022 resulting in a payout percentage for the award of 162%. (F4) The reported amount consists of 15,049 restricted stock units and 22,649 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 | 2023-02-24 | F | D | 8,495 | $0.00 | 29,203 | D | — | — | (F5) Represents shares withheld for taxes upon vesting of performance-based restricted stock units. (F6) The reported amount consists of 15,049 restricted stock units and 14,154 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 | Nonstatutory Stock Option (Right to Buy) | 2023-02-24 | A | A | 11,575 | $0.00 | 11,575 | D | $60.74 · 2024-02-24 to 2033-02-23 | 11,575 Common Stock | |
| 5 | Derivative | Performance-Based Restricted Stock Units | 2023-02-24 | A | A | 20,166 | $0.00 | 20,166 | D | — · — to — | 20,166 Common Stock | (F3) This performance-based restricted stock unit (PSU) award was granted to the Reporting Person on February 26, 2020 and vested on February 24, 2023, 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 return on equity and leverage ratio performance for the period of January 1, 2020 through December 31, 2022 resulting in a payout percentage for the award of 162%. |
| 6 | Derivative | Performance-Based Restricted Stock Units | 2023-02-24 | M | D | 20,166 | $0.00 | 0 | D | — · — to — | 20,166 Common Stock | (F3) This performance-based restricted stock unit (PSU) award was granted to the Reporting Person on February 26, 2020 and vested on February 24, 2023, 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 return on equity and leverage ratio performance for the period of January 1, 2020 through December 31, 2022 resulting in a payout percentage for the award of 162%. |