4//SEC Filing
White Donald J. 4
Accession 0001127602-24-008253
CIK 0001745916other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 6:08 PM ET
Size
15.0 KB
Accession
0001127602-24-008253
Insider Transaction Report
Form 4
White Donald J.
Chief Risk Officer
Transactions
- Award
Common Stock
2024-02-29+662→ 11,950 total - Exercise/Conversion
Common Stock
2024-02-29+2,426→ 11,288 total - Tax Payment
Common Stock
2024-02-29$83.87/sh−865$72,548→ 11,085 total - Award
Nonstatutory Stock Option (Right to Buy)
2024-02-29+1,655→ 1,655 totalExercise: $84.93From: 2025-03-01Exp: 2034-02-28→ Common Stock (1,655 underlying) - Award
Performance-Based Restricted Stock Units
2024-02-29+2,426→ 2,426 total→ Common Stock (2,426 underlying) - Exercise/Conversion
Performance-Based Restricted Stock Units
2024-02-29−2,426→ 0 total→ Common Stock (2,426 underlying)
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 based on return on equity and leverage ratio performance for the period 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 1,655 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 0001912290
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 6:08 PM ET
- Size
- 15.0 KB