4//SEC Filing
White Donald J. 4
Accession 0001127602-23-008530
CIK 0001745916other
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 9:15 PM ET
Size
11.4 KB
Accession
0001127602-23-008530
Insider Transaction Report
Form 4
White Donald J.
Chief Risk Officer
Transactions
- Exercise/Conversion
Common Stock
2023-03-02+4,493→ 11,099 total - Sale
Common Stock
2023-03-02$60.62/sh−1,630$98,805→ 9,469 total - Award
Performance-Based Restricted Stock Units
2023-03-02+4,493→ 4,493 total→ Common Stock (4,493 underlying) - Exercise/Conversion
Performance-Based Restricted Stock Units
2023-03-02−4,493→ 0 total→ Common Stock (4,493 underlying)
Footnotes (4)
- [F1]This performance-based restricted stock unit (PSU) award was granted to the Reporting Person on February 26, 2020 and vested on February 24, 2023, 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 of January 1, 2020 through December 31, 2022 resulting in a payout percentage for the award of 162%.
- [F2]The reported amount consists of 3,080 restricted stock units and 8,019 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.
- [F3]Represents shares required to be sold to cover tax withholding obligations in connection with the vesting of performance-based restricted stock units.
- [F4]The reported amount consists of 3,080 restricted stock units and 6,389 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.
Documents
Issuer
PennyMac Financial Services, Inc.
CIK 0001745916
Entity typeother
Related Parties
1- filerCIK 0001912290
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 9:15 PM ET
- Size
- 11.4 KB