4//SEC Filing
Chang William Herbert 4
Accession 0001127602-24-008248
CIK 0001745916other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 6:05 PM ET
Size
15.0 KB
Accession
0001127602-24-008248
Insider Transaction Report
Form 4
Chang William Herbert
Chief Capital Markets Officer
Transactions
- Exercise/Conversion
Common Stock
2024-02-29+6,795→ 36,458 total - Tax Payment
Common Stock
2024-02-29$83.87/sh−2,425$203,385→ 37,197 total - Award
Nonstatutory Stock Option (Right to Buy)
2024-02-29+7,910→ 7,910 totalExercise: $84.93From: 2025-03-01Exp: 2034-02-28→ Common Stock (7,910 underlying) - Award
Performance-Based Restricted Stock Units
2024-02-29+6,795→ 6,795 total→ Common Stock (6,795 underlying) - Exercise/Conversion
Performance-Based Restricted Stock Units
2024-02-29−6,795→ 0 total→ Common Stock (6,795 underlying) - Award
Common Stock
2024-02-29+3,164→ 39,622 total
Footnotes (4)
- [F1]The Reporting Person was granted restricted stock units, which will vest in three equal installments beginning on the first anniversary of the date of grant, are to be settled in an equal number of shares of Common Stock upon vesting.
- [F2]This performance-based restricted stock unit (PSU) award was granted to the Reporting Person on February 25, 2021 and vested on February 29, 2024, as determined by the Compensation Committee of the Board of Directors. The payout of shares of Common Stock pursuant to the PSU award was determined base on return of equity and leverage ratio performance for the period of January 1, 2021 through December 31, 2023 resulting in a payout percentage for the award of 114.3%.
- [F3]Represents shares withheld for taxes upon vesting of performance-based restricted stock units.
- [F4]This nonstatutory stock option to purchase 7,910 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of March 1, 2025, 2026 and 2027, subject to the Reporting Person's continued service through each date.
Documents
Issuer
PennyMac Financial Services, Inc.
CIK 0001745916
Entity typeother
Related Parties
1- filerCIK 0001969856
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 6:05 PM ET
- Size
- 15.0 KB