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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1568669	Pennymac Financial Services Inc.	PFSI	Mortgage Bankers & Loan Correspondents (6162)	800882793

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1591994	Stanley Daniel Perotti	C/O Pennymac Financial Services, Inc. 6101 Condor Drive Moorpark CA 93021	Chief Asset & Liability Mgt Of	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2014-05-19	3,333	$15.55	4,595	No	4	S	Direct
Class A Common Stock	Disposition	2014-05-20	3,334	$15.43	1,261	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	S	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Class A Common Stock	Cl A Units of Private Nat'l Mortgage Acceptance Company, LLC	$0.00			326,506	326,506	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	326,506	326,506	Direct

Footnotes

These common shares of beneficial interest were sold pursuant to a 10b5-1 plan.
The price reported is the weighted average price of multiple transactions at prices ranging from $15.48 to $15.66. 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 shares of beneficial interest and the prices at which the transactions were effected.
The price reported is the weighted average price of multiple transactions at prices ranging from $15.40 to $15.4625. 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 shares of beneficial interest and the prices at which the transactions were effected.
The reported amount consists of 1,261 restricted share units. The restricted shares units are to be settled in an equal number of common shares of beneficial interest upon vesting.
Pursuant to the terms of an exchange agreement, Class A Units of Private National Mortgage Acceptance Company, LLC are exchangeable for shares of Class A Common Stock of the Issuer on a one-for-one basis, subject to customary conversion rate adjustments.
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