Filing Details
- Accession Number:
- 0001127602-19-027330
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-08-23 17:31:37
- Reporting Period:
- 2019-08-21
- Accepted Time:
- 2019-08-23 17:31:37
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1745916 | Pennymac Financial Services Inc. | PFSI | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1181595 | L Stanford Kurland | C/O Pennymac Financial Services, Inc. 3043 Townsgate Road Westlake Village CA 91361 | Executive Chairman | Yes | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2019-08-21 | 10,000 | $27.91 | 66,347 | No | 4 | S | Indirect | 1998 Kurland Revocable Trust Dtd 1/14/98 |
| Common Stock | Disposition | 2019-08-21 | 5,000 | $27.92 | 61,347 | No | 4 | S | Indirect | 1998 Kurland Revocable Trust Dtd 1/14/98 |
| Common Stock | Disposition | 2019-08-22 | 10,000 | $28.41 | 51,347 | No | 4 | S | Indirect | 1998 Kurland Revocable Trust Dtd 1/14/98 |
| Common Stock | Disposition | 2019-08-22 | 5,000 | $28.42 | 46,347 | No | 4 | S | Indirect | 1998 Kurland Revocable Trust Dtd 1/14/98 |
| Common Stock | Disposition | 2019-08-23 | 10,000 | $28.41 | 36,347 | No | 4 | S | Indirect | 1998 Kurland Revocable Trust Dtd 1/14/98 |
| Common Stock | Disposition | 2019-08-23 | 5,000 | $28.41 | 31,347 | No | 4 | S | Indirect | 1998 Kurland Revocable Trust Dtd 1/14/98 |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | 1998 Kurland Revocable Trust Dtd 1/14/98 |
| No | 4 | S | Indirect | 1998 Kurland Revocable Trust Dtd 1/14/98 |
| No | 4 | S | Indirect | 1998 Kurland Revocable Trust Dtd 1/14/98 |
| No | 4 | S | Indirect | 1998 Kurland Revocable Trust Dtd 1/14/98 |
| No | 4 | S | Indirect | 1998 Kurland Revocable Trust Dtd 1/14/98 |
| No | 4 | S | Indirect | 1998 Kurland Revocable Trust Dtd 1/14/98 |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 284,348 | Direct | |
| Common Stock | 8,314,990 | Indirect | Kurland Family Investments, LLC |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Nonstatutory Stock Option (Right to Buy) | $21.03 | 2014-06-13 | 2023-06-12 | 107,656 | 107,656 | Direct |
| Common Stock | Nonstatutory Stock Option (Right to Buy) | $17.26 | 2015-02-26 | 2024-02-25 | 191,098 | 191,098 | Direct |
| Common Stock | Nonstatutory Stock Option (Right to Buy) | $17.52 | 2016-03-03 | 2025-03-02 | 161,529 | 161,529 | Direct |
| Common Stock | Nonstatutory Stock Option (Right to Buy) | $11.28 | 2017-03-07 | 2026-03-06 | 188,086 | 188,086 | Direct |
| Common Stock | Nonstatutory Stock Option (Right to Buy) | $18.05 | 2018-03-06 | 2027-03-05 | 138,504 | 138,504 | Direct |
| Common Stock | Nonstatutory Stock Option (Right to Buy) | $24.40 | 2019-03-09 | 2028-03-08 | 102,459 | 102,459 | Direct |
| Common Stock | Nonstatutory Stock Option (Right to Buy) | $22.92 | 2020-03-15 | 2029-03-14 | 107,849 | 107,849 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2023-06-12 | 107,656 | 107,656 | Direct |
| 2024-02-25 | 191,098 | 191,098 | Direct |
| 2025-03-02 | 161,529 | 161,529 | Direct |
| 2026-03-06 | 188,086 | 188,086 | Direct |
| 2027-03-05 | 138,504 | 138,504 | Direct |
| 2028-03-08 | 102,459 | 102,459 | Direct |
| 2029-03-14 | 107,849 | 107,849 | Direct |
Footnotes
- These shares of Common Stock were sold pursuant to a 10b5-1 plan.
- The price reported is the weighted average price of multiple transactions ranging from $27.74 to $28.13. 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.
- The price reported is the weighted average price of multiple transactions ranging from $27.75 to $28.12. 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.
- The price reported is the weighted average price of multiple transactions ranging from $28.16 to $28.62. 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.
- The price reported is the weighted average price of multiple transactions ranging from $28.18 to $28.61. 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.
- The price reported is the weighted average price of multiple transactions ranging from $28.08 to $28.82. 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.
- The price reported is the weighted average price of multiple transactions ranging from $28.08 to $28.78. 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.
- This nonstatutory stock option to purchase 107,656 shares of 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 191,098 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.
- This nonstatutory stock option to purchase 161,529 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 continued service through each date.
- This nonstatutory stock option to purchase 188,086 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 committed service through each date.
- This nonstatutory stock option to purchase 138,504 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 committed service through each date.
- This nonstatutory stock option to purchase 102,459 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 committed service through each date.
- This nonstatutory stock option to purchase 107,849 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.
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