KURLAND STANFORD L 4
4 · PennyMac Financial Services, Inc. · Filed Jan 22, 2021
Insider Transaction Report
Form 4
KURLAND STANFORD L
DirectorExecutive Chairman
Transactions
- Sale
Common Stock
2021-01-21$61.45/sh−9,100$559,195→ 7,571,890 total(indirect: By LLC) - Sale
Common Stock
2021-01-20$59.37/sh−5,200$308,724→ 7,590,790 total(indirect: By LLC) - Sale
Common Stock
2021-01-20$60.18/sh−9,800$589,764→ 7,580,990 total(indirect: By LLC) - Sale
Common Stock
2021-01-21$62.12/sh−5,900$366,508→ 7,565,990 total(indirect: By LLC) - Sale
Common Stock
2021-01-22$59.45/sh−1,000$59,450→ 7,564,990 total(indirect: By LLC)
Holdings
- 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) - 188,086
Nonstatutory Stock Option (Right to Buy)
Exercise: $11.28From: 2017-03-07Exp: 2026-03-06→ Common Stock (188,086 underlying) - 115,544(indirect: By Trust)
Common Stock
- 161,529
Nonstatutory Stock Option (Right to Buy)
Exercise: $17.52From: 2016-03-03Exp: 2025-03-02→ Common Stock (161,529 underlying) - 138,504
Nonstatutory Stock Option (Right to Buy)
Exercise: $18.05From: 2018-03-06Exp: 2027-03-05→ Common Stock (138,504 underlying) - 102,459
Nonstatutory Stock Option (Right to Buy)
Exercise: $24.40From: 2019-03-09Exp: 2028-03-08→ Common Stock (102,459 underlying) - 107,849
Nonstatutory Stock Option (Right to Buy)
Exercise: $22.92From: 2020-03-15Exp: 2029-03-14→ Common Stock (107,849 underlying) - 191,098
Nonstatutory Stock Option (Right to Buy)
Exercise: $17.26From: 2015-02-26Exp: 2024-02-25→ Common Stock (191,098 underlying)
Footnotes (14)
- [F1]These shares of Common Stock were sold pursuant to a 10b5-1 plan.
- [F10]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.
- [F11]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.
- [F12]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.
- [F13]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.
- [F14]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 $58.71 to $59.71. 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 $59.72 to $60.585. 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 $60.81 to $61.81. 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 $61.83 to $62.61. 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.
- [F6]The price reported is the weighted average price of multiple transactions ranging from $59.01 to $59.80. The reporting person hereby undertakes to provide upon request to the SEC, the Issuer or a security holder of the Issuer the number of Common Stock and the prices at which the transactions were effected.
- [F7]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.
- [F8]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.
- [F9]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.