KURLAND STANFORD L 4
4 · PennyMac Financial Services, Inc. · Filed Dec 23, 2020
Insider Transaction Report
Form 4
KURLAND STANFORD L
DirectorExecutive Chairman
Transactions
- Sale
Common Stock
2020-12-22$69.19/sh−2,258$156,231→ 7,627,990 total(indirect: By LLC) - Sale
Common Stock
2020-12-23$69.71/sh−100$6,971→ 7,626,990 total(indirect: By LLC) - Sale
Common Stock
2020-12-21$65.25/sh−3,376$220,284→ 7,654,614 total(indirect: By LLC) - Sale
Common Stock
2020-12-21$65.98/sh−9,904$653,466→ 7,644,710 total(indirect: By LLC) - Sale
Common Stock
2020-12-21$66.77/sh−1,720$114,844→ 7,642,990 total(indirect: By LLC) - Sale
Common Stock
2020-12-22$67.36/sh−1,900$127,984→ 7,641,090 total(indirect: By LLC) - Sale
Common Stock
2020-12-22$68.36/sh−10,842$741,159→ 7,630,248 total(indirect: By LLC) - Sale
Common Stock
2020-12-23$68.71/sh−900$61,839→ 7,627,090 total(indirect: By LLC)
Holdings
- 115,544(indirect: By Trust)
Common Stock
- 191,098
Nonstatutory Stock Option (Right to Buy)
Exercise: $17.26From: 2015-02-26Exp: 2024-02-25→ Common Stock (191,098 underlying) - 7,279
Common Stock
- 107,656
Nonstatutory Stock Option (Right to Buy)
Exercise: $21.03From: 2014-06-13Exp: 2023-06-12→ Common Stock (107,656 underlying) - 161,529
Nonstatutory Stock Option (Right to Buy)
Exercise: $17.52From: 2016-03-03Exp: 2025-03-02→ Common Stock (161,529 underlying) - 188,086
Nonstatutory Stock Option (Right to Buy)
Exercise: $11.28From: 2017-03-07Exp: 2026-03-06→ Common Stock (188,086 underlying) - 102,459
Nonstatutory Stock Option (Right to Buy)
Exercise: $24.40From: 2019-03-09Exp: 2028-03-08→ Common Stock (102,459 underlying) - 138,504
Nonstatutory Stock Option (Right to Buy)
Exercise: $18.05From: 2018-03-06Exp: 2027-03-05→ Common Stock (138,504 underlying) - 107,849
Nonstatutory Stock Option (Right to Buy)
Exercise: $22.92From: 2020-03-15Exp: 2029-03-14→ Common Stock (107,849 underlying)
Footnotes (16)
- [F1]These shares of Common Stock were sold pursuant to a 10b5-1 plan.
- [F10]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.
- [F11]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.
- [F12]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.
- [F13]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.
- [F14]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.
- [F15]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.
- [F16]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.
- [F2]The price reported is the weighted average price of multiple transactions ranging from $64.60 to $65.59. 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.
- [F3]The price reported is the weighted average price of multiple transactions ranging from $65.62 to $66.60. 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.
- [F4]The price reported is the weighted average price of multiple transactions ranging from $66.64 to $66.87. 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.
- [F5]The price reported is the weighted average price of multiple transactions ranging from $66.85 to $67.635. 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.
- [F6]The price reported is the weighted average price of multiple transactions ranging from $67.94 to $68.93. 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.
- [F7]The price reported is the weighted average price of multiple transactions ranging from $68.945 to $69.59. 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.
- [F8]The price reported is the weighted average price of multiple transactions ranging from $68.35 to $69.01. 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.
- [F9]The reported amount consists of 7,279 restricted stock units. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.