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Filing Details

Accession Number:: 0001127602-18-004092
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2018-02-05 17:55:51
Reporting Period:: 2018-02-01

Accepted Time:: 2018-02-05 17:55:51
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1568669	Pennymac Financial Services Inc.	PFSI	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1440697	Jeffrey Grogin	C/O Pennymac Financial Services, Inc. 3043 Townsgate Road Westlake Village CA 91361	Calo	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2018-02-01	5,000	$22.45	0	No	4	S	Indirect	The Grogin Living Trust dtd 12-19-01
Class A Common Stock	Acquisiton	2018-02-02	25,000	$0.00	25,000	No	4	M	Indirect	The Grogin Living Trust dtd 12-19-01
Class A Common Stock	Disposition	2018-02-05	5,000	$22.21	20,000	No	4	S	Indirect	The Grogin Living Trust dtd 12-19-01

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	The Grogin Living Trust dtd 12-19-01
No	4	M	Indirect	The Grogin Living Trust dtd 12-19-01
No	4	S	Indirect	The Grogin Living Trust dtd 12-19-01

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Cl A Units of Private Nat'l Mortgage Acceptance Company, LLC	Disposition	2018-02-02	25,000	$0.00	25,000	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
507,580			No	4	M	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	9,002	Direct

Reported Derivative Holdings

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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			11,064	11,064	Indirect
Class A Common Stock	Cl A Units of Private Nat'l Mortgage Acceptance Company, LLC	$0.00			33,193	33,193	Indirect
Class A Common Stock	Cl A Units of Private Nat'l Mortgage Acceptance Company, LLC	$0.00			22,129	22,129	Indirect
Class A Common Stock	Nonstatutory Stock Option (Right to Buy)	$21.03	2014-06-13	2023-06-12	15,882	15,882	Direct
Class A Common Stock	Nonstatutory Stock Option (Right to Buy)	$17.26	2015-02-26	2024-02-25	28,216	28,216	Direct
Class A Common Stock	Nonstatutory Stock Option (Right to Buy)	$17.52	2016-03-03	2025-03-02	23,829	23,829	Direct
Class A Common Stock	Nonstatutory Stock Option (Right to Buy)	$11.28	2017-03-07	2026-03-06	27,771	27,771	Direct
Class A Common Stock	Nonstatutory Stock Option (Right to Buy)	$18.05	2018-03-06	2027-03-05	22,506	22,506	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	11,064	11,064	Indirect
	33,193	33,193	Indirect
	22,129	22,129	Indirect
2023-06-12	15,882	15,882	Direct
2024-02-25	28,216	28,216	Direct
2025-03-02	23,829	23,829	Direct
2026-03-06	27,771	27,771	Direct
2027-03-05	22,506	22,506	Direct

Footnotes

These shares of Class A Common Stock were sold pursuant to a 10b5-1 plan.
The price reported is the weighted average price of multiple transactions ranging from $22.00 to $22.80. The reporting person hereby undertakes to provide upon request to the SEC, the Issuer or a security holder of the Issuer the number of shares of Class A Common Stock and the prices at which the transactions were effected.
Represents shares of Class A Common Stock received upon the exchange of Class A Units of Private National Mortgage Acceptance Company, LLC.
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.
The price reported is the weighted average price of multiple transactions ranging from $21.95 to $22.45. The reporting person hereby undertakes to provide upon request to the SEC, the Issuer or a security holder of the Issuer the number of shares of Class A Common Stock and the prices at which the transactions were effected.
The reported amount consists of 9,002 restricted stock units. The restricted stock units are to be settled in an equal number of shares of Class A Common Stock upon vesting.
These securities are held by the reporting person's adult daughter who is no longer living at home and the reporting person disclaims beneficial ownership of such securities.
This nonstatutory stock option to purchase 15,882 shares of Class A Common Stock of the Issuer will vest as to one-third of the optioned shares on each of June 13, 2014, 2015 and 2016, subject to the Reporting Person's continued service through each date.
This nonstatutory stock option to purchase 28,216 shares of Class A 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.
This nonstatutory stock option to purchase 23,829 shares of Class A 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.
This nonstatutory stock option to purchase 27,771 shares of Class A 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 committed service through each date.
This nonstatutory stock option to purchase 22,506 shares of Class A 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 committed service through each date.