4//SEC Filing
Hendry Gregory L 4
Accession 0001127602-24-008235
CIK 0001745916other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 5:59 PM ET
Size
14.9 KB
Accession
0001127602-24-008235
Insider Transaction Report
Form 4
Hendry Gregory L
MD, Chief Accounting Officer
Transactions
- Award
Common Stock
2024-02-29+294→ 48,557 total - Exercise/Conversion
Common Stock
2024-02-29+1,261→ 48,263 total - Tax Payment
Common Stock
2024-02-29$83.87/sh−517$43,361→ 48,040 total - Award
Nonstatutory Stock Option (Right to Buy)
2024-02-29+735→ 735 totalExercise: $84.93From: 2025-03-01Exp: 2034-02-28→ Common Stock (735 underlying) - Award
Performance-Based Restricted Stock Units
2024-02-29+1,261→ 1,261 total→ Common Stock (1,261 underlying) - Exercise/Conversion
Performance-Based Restricted Stock Units
2024-02-29−1,261→ 0 total→ Common Stock (1,261 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 of 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 non-statutory stock option to purchase 735 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 that date.
Documents
Issuer
PennyMac Financial Services, Inc.
CIK 0001745916
Entity typeother
Related Parties
1- filerCIK 0001486334
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 5:59 PM ET
- Size
- 14.9 KB