Filing Details
- Accession Number:
- 0001127602-23-000218
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-01-03 20:06:57
- Reporting Period:
- 2022-12-29
- Accepted Time:
- 2023-01-03 20:06:57
- 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 |
|---|---|---|---|---|---|---|---|
| 1486360 | Vandad Fartaj | C/O Pennymac Financial Services, Inc. 3043 Townsgate Road Westlake Village CA 91361 | Chief Investment Officer | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2022-12-29 | 8,382 | $21.03 | 104,516 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2022-12-29 | 8,382 | $57.22 | 96,134 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2022-12-30 | 7,500 | $21.03 | 103,634 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2022-12-30 | 7,500 | $56.16 | 96,134 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Nonstatutory Stock Option (Right to Buy) | Disposition | 2022-12-29 | 8,382 | $0.00 | 8,382 | $21.03 |
| Common Stock | Nonstatutory Stock Option (Right to Buy) | Disposition | 2022-12-30 | 7,500 | $0.00 | 7,500 | $21.03 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 7,500 | 2014-06-13 | 2023-06-12 | No | 4 | M | Direct |
| 0 | 2014-06-13 | 2023-06-12 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 844,959 | Indirect | The Fartaj Family Trust |
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) | $17.26 | 2015-02-26 | 2024-02-25 | 28,216 | 28,216 | Direct |
| Common Stock | Nonstatutory Stock Option (Right to Buy) | $17.52 | 2016-03-03 | 2025-03-02 | 23,829 | 23,829 | Direct |
| Common Stock | Nonstatutory Stock Option (Right to Buy) | $11.28 | 2017-03-07 | 2026-03-06 | 27,771 | 27,771 | Direct |
| Common Stock | Nonstatutory Stock Option (Right to Buy) | $18.05 | 2018-03-06 | 2027-03-05 | 27,700 | 27,700 | Direct |
| Common Stock | Nonstatutory Stock Option (Right to Buy) | $24.40 | 2019-03-09 | 2028-03-08 | 21,174 | 21,174 | Direct |
| Common Stock | Nonstatutory Stock Option (Right to Buy) | $22.92 | 2020-03-15 | 2029-03-14 | 22,496 | 22,496 | Direct |
| Common Stock | Nonstatutory Stock Option (Right to Buy) | $59.68 | 2020-12-14 | 2030-12-13 | 54,024 | 54,024 | Direct |
| Common Stock | Nonstatutory Stock Option (Right to Buy) | $35.03 | 2021-02-26 | 2030-02-25 | 23,765 | 23,765 | Direct |
| Common Stock | Nonstatutory Stock Option (Right to Buy) | $58.85 | 2022-02-25 | 2031-02-24 | 17,000 | 17,000 | Direct |
| Common Stock | Nonstatutory Stock Option (Right to Buy) | $57.10 | 2023-02-23 | 2032-02-22 | 39,722 | 39,722 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 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 | 27,700 | 27,700 | Direct |
| 2028-03-08 | 21,174 | 21,174 | Direct |
| 2029-03-14 | 22,496 | 22,496 | Direct |
| 2030-12-13 | 54,024 | 54,024 | Direct |
| 2030-02-25 | 23,765 | 23,765 | Direct |
| 2031-02-24 | 17,000 | 17,000 | Direct |
| 2032-02-22 | 39,722 | 39,722 | Direct |
Footnotes
- The reported amount consists of 18,444 restricted stock units and 86,072 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.
- The price reported is the weighted average price of multiple transactions ranging from $57.02 to $57.62. 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 reported amount consists of 18,444 restricted stock units and 85,190 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.
- The price reported is the weighted average price of multiple transactions ranging from $56.00 to $56.23. 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 reported amount consists of 18,444 restricted stock units and 77,690 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.
- This nonstatutory stock option to purchase 39,722 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of February 23, 2023, 2024 and 2025, subject to the Reporting Person's continued service through each date.
- This nonstatutory stock option to purchase 28,216 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 23,829 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 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 27,700 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 21,174 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 22,496 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.
- This nonstatutory stock option to purchase 54,024 shares of Common Stock of the Issuer is fully vested but subject to certain transfer restrictions that will lapse in one-third increments on each of December 14, 2021, 2022 and 2023, subject to the Reporting Person's continued service through each lapse date.
- This nonstatutory stock option to purchase 23,765 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of February 26, 2021, 2022 and 2023, subject to the Reporting Person's continued service through each date.
- This nonstatutory stock option to purchase 17,000 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of February 25, 2022, 2023 and 2024, subject to the Reporting Person's continued service through each date.
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