Chang Andrew S 4

Accession 0001127602-20-011552

CIK 0001464423other

View on SEC.gov Company Profile

Filed

Mar 18, 8:00 PM ET

Accepted

Mar 19, 7:19 PM ET

Size

29.3 KB

Accession

0001127602-20-011552

Insider Transaction Report

Form 4

Period: 2020-03-17

PennyMac Mortgage Investment TrustPMT

Chang Andrew S

Chief Business Development Ofc

Transactions

Exercise/Conversion
Common Shares of Beneficial Interest
2020-03-17+3,348→ 101,615 total
Tax Payment
Common Shares of Beneficial Interest
2020-03-17$10.88/sh−1,934$21,042→ 97,680 total
Tax Payment
Common Shares of Beneficial Interest
2020-03-17$10.88/sh−1,660$18,061→ 96,020 total
Exercise/Conversion
Performance-Based Restricted Share Units
2020-03-17−3,900→ 0 total
Exercise: $0.00→ Common Shares of Beneficial Interest (3,900 underlying)
Award
Performance-Based Restricted Share Units
2020-03-17+3,348→ 3,348 total
Exercise: $0.00→ Common Shares of Beneficial Interest (3,348 underlying)
Exercise/Conversion
Performance-Based Restricted Share Units
2020-03-17−3,348→ 0 total
Exercise: $0.00→ Common Shares of Beneficial Interest (3,348 underlying)
Exercise/Conversion
Common Shares of Beneficial Interest
2020-03-17+4,035→ 94,367 total
Exercise/Conversion
Common Shares of Beneficial Interest
2020-03-17+3,900→ 98,267 total
Tax Payment
Common Shares of Beneficial Interest
2020-03-17$10.88/sh−2,001$21,771→ 99,614 total
Award
Performance-Based Restricted Share Units
2020-03-17+4,035→ 4,035 total
Exercise: $0.00→ Common Shares of Beneficial Interest (4,035 underlying)
Exercise/Conversion
Performance-Based Restricted Share Units
2020-03-17−4,035→ 0 total
Exercise: $0.00→ Common Shares of Beneficial Interest (4,035 underlying)
Award
Performance-Based Restricted Share Units
2020-03-17+3,900→ 3,900 total
Exercise: $0.00→ Common Shares of Beneficial Interest (3,900 underlying)

Footnotes (12)

[F1]This performance-based restricted share unit (PSU) award was granted to the Reporting Person on February 23, 2017 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2017, 2018 and 2019. The PSU vested as to one-third on March 17, 2020 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2019 fiscal year was determined based on the Issuer's return on equity (ROE) of 12.02% for the period of January 1, 2019 through December 31, 2019 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 150%.
[F10]The reported amount consists of 10,988 restricted share units and 86,692 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.
[F11]Represents shares withheld for taxes upon vesting of performance-based restricted share units granted on February 12, 2019.
[F12]The reported amount consists of 10,988 restricted share units and 85,032 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.
[F2]The reported amount consists of 10,988 restricted share units and 83,379 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.
[F3]This performance-based restricted share unit (PSU) award was granted to the Reporting Person on March 12, 2018 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2018, 2019 and 2020. The PSU vested as to one-third on March 17, 2020 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2019 fiscal year was determined based on the Issuer's return on equity (ROE) of 12.02% for the period of January 1, 2019 through December 31, 2019 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 150%.
[F4]The reported amount consists of 10,988 restricted share units and 87,279 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.
[F5]This performance-based restricted share unit (PSU) award was granted to the Reporting Person on February 12, 2019 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2019, 2020 and 2021. The PSU vested as to one-third on March 17, 2020 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2019 fiscal year was determined based on the Issuer's return on equity (ROE) of 12.02% for the period of January 1, 2019 through December 31, 2019 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 150%.
[F6]The reported amount consists of 10,988 restricted share units and 90,627 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.
[F7]Represents shares withheld for taxes upon vesting of performance-based restricted share units granted on February 23, 2017.
[F8]The reported amount consists of 10,988 restricted share units and 88,626 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.
[F9]Represents shares withheld for taxes upon vesting of performance-based restricted share units granted on March 12, 2018.

Documents

1 file

4
form4.xmlPrimary
PRIMARY DOCUMENT

Issuer

PennyMac Mortgage Investment Trust

CIK 0001464423

→

Entity typeother

Related Parties

filerCIK 0001468932

Filing Metadata

Form type: 4
Filed: Mar 18, 8:00 PM ET
Accepted: Mar 19, 7:19 PM ET
Size: 29.3 KB

View on SEC.gov