4//SEC Filing
Chang William Herbert 4
Accession 0001127602-24-010159
CIK 0001464423other
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 5:45 PM ET
Size
28.6 KB
Accession
0001127602-24-010159
Insider Transaction Report
Form 4
Chang William Herbert
Chief Investment Officer
Transactions
- Award
Common Shares of Beneficial Interest
2024-03-12+15,668→ 59,984 total - Exercise/Conversion
Common Shares of Beneficial Interest
2024-03-12+4,221→ 37,167 total - Tax Payment
Common Shares of Beneficial Interest
2024-03-12$14.28/sh−1,753$25,033→ 58,231 total - Tax Payment
Common Shares of Beneficial Interest
2024-03-12$14.28/sh−3,624$51,751→ 52,467 total - Exercise/Conversion
Common Shares of Beneficial Interest
2024-03-12+7,149→ 44,316 total - Award
Performance-Based Restricted Share Units
2024-03-12+4,389→ 4,389 total→ Common Shares of Beneficial Interest (4,389 underlying) - Exercise/Conversion
Performance-Based Restricted Share Units
2024-03-12−4,389→ 0 total→ Common Shares of Beneficial Interest (4,389 underlying) - Exercise/Conversion
Common Shares of Beneficial Interest
2024-03-12+4,389→ 32,946 total - Tax Payment
Common Shares of Beneficial Interest
2024-03-12$14.28/sh−2,140$30,559→ 56,091 total - Award
Performance-Based Restricted Share Units
2024-03-12+4,221→ 4,221 total→ Common Shares of Beneficial Interest (4,221 underlying) - Exercise/Conversion
Performance-Based Restricted Share Units
2024-03-12−4,221→ 0 total→ Common Shares of Beneficial Interest (4,221 underlying) - Award
Performance-Based Restricted Share Units
2024-03-12+7,149→ 7,149 total→ Common Shares of Beneficial Interest (7,149 underlying) - Exercise/Conversion
Performance-Based Restricted Share Units
2024-03-12−7,149→ 0 total→ Common Shares of Beneficial Interest (7,149 underlying)
Footnotes (6)
- [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 share unit (PSU) award was granted on February 25, 2022 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2022, 2023 and 2024. The PSU vested as to one-third on March 12, 2024 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2023 fiscal year was determined based on a return on equity and relative total stockholder return for the period of January 1, 2023 through December 31, 2023 resulting in a payout of 187.5%.
- [F3]This performance-based restricted share unit (PSU) award was granted on February 28, 2023 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2023, 2024 and 2025. The PSU vested as to one-third on March 12, 2024 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2023 fiscal year was determined based on a return on equity and relative total stockholder return for the period of January 1, 2023 through December 31, 2023 resulting in a payout of 150%.
- [F4]This performance-based restricted share unit (PSU) award was granted on March 20, 2023 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2023, 2024 and 2025. The PSU vested as to one-third on March 12, 2024 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2023 fiscal year was determined based on a return on equity and relative total stockholder return for the period of January 1, 2023 through December 31, 2023 resulting in a payout of 150%.
- [F5]Represents shares withheld for taxes upon vesting of performance-based restricted share units.
- [F6]The reported amount consists of 33,887 restricted share units and 18,580 Common Shares of beneficial interest. The restricted share units are to be settled in an equal number of Common Shares of beneficial interest upon vesting.
Documents
Issuer
PennyMac Mortgage Investment Trust
CIK 0001464423
Entity typeother
Related Parties
1- filerCIK 0001969856
Filing Metadata
- Form type
- 4
- Filed
- Mar 13, 8:00 PM ET
- Accepted
- Mar 14, 5:45 PM ET
- Size
- 28.6 KB