4//SEC Filing
STARK DEREK 4
Accession 0001127602-25-007039
CIK 0001464423other
Filed
Feb 25, 7:00 PM ET
Accepted
Feb 26, 9:27 PM ET
Size
30.1 KB
Accession
0001127602-25-007039
Insider Transaction Report
Form 4
STARK DEREK
Chief Legal Officer
Transactions
- Exercise/Conversion
Common Shares of Beneficial Interest
2025-02-24+1,971→ 52,924 total - Tax Payment
Common Shares of Beneficial Interest
2025-02-24$14.07/sh−808$11,369→ 53,905 total - Tax Payment
Common Shares of Beneficial Interest
2025-02-24$14.07/sh−641$9,019→ 52,558 total - Award
Performance-Based Restricted Share Units
2025-02-24+2,257→ 2,257 total→ Common Shares of Beneficial Interest (2,257 underlying) - Exercise/Conversion
Performance-Based Restricted Share Units
2025-02-24−1,971→ 0 total→ Common Shares of Beneficial Interest (1,971 underlying) - Exercise/Conversion
Common Shares of Beneficial Interest
2025-02-24+2,257→ 50,953 total - Exercise/Conversion
Performance-Based Restricted Share Units
2025-02-24−2,257→ 0 total→ Common Shares of Beneficial Interest (2,257 underlying) - Award
Performance-Based Restricted Share Units
2025-02-24+1,789→ 1,789 total→ Common Shares of Beneficial Interest (1,789 underlying) - Exercise/Conversion
Performance-Based Restricted Share Units
2025-02-24−1,789→ 0 total→ Common Shares of Beneficial Interest (1,789 underlying) - Award
Common Shares of Beneficial Interest
2025-02-24+7,973→ 48,696 total - Exercise/Conversion
Common Shares of Beneficial Interest
2025-02-24+1,789→ 54,713 total - Tax Payment
Common Shares of Beneficial Interest
2025-02-24$14.07/sh−706$9,933→ 53,199 total - Tax Payment
Common Shares of Beneficial Interest
2025-02-25$14.11/sh−600$8,466→ 51,958 total - Award
Performance-Based Restricted Share Units
2025-02-24+1,971→ 1,971 total→ Common Shares of Beneficial Interest (1,971 underlying)
Footnotes (7)
- [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 February 24, 2025 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2024 fiscal year was determined based on a return on equity and relative total stockholder return for the period of January 1, 2024 through December 31, 2024 resulting in a payout of 110.2%.
- [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 February 24, 2025 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2024 fiscal year was determined based on a return on equity and relative total stockholder return for the period of January 1, 2024 through December 31, 2024 resulting in a payout of 80.1%.
- [F4]This performance-based restricted share unit (PSU) award was granted on March 12, 2024 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2024, 2025 and 2026. The PSU vested as to one-third on February 24, 2025 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2024 fiscal year was determined based on a return on equity and relative total stockholder return for the period of January 1, 2024 through December 31, 2024 resulting in a payout of 80.1%.
- [F5]Represents shares withheld for taxes upon vesting of performance-based restricted stock units.
- [F6]Represents shares withheld for taxes upon vesting of restricted share units.
- [F7]The reported amount consists of 17,485 restricted share units and 34,473 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 0001198631
Filing Metadata
- Form type
- 4
- Filed
- Feb 25, 7:00 PM ET
- Accepted
- Feb 26, 9:27 PM ET
- Size
- 30.1 KB