0001127602-17-027208.txt : 20170908
0001127602-17-027208.hdr.sgml : 20170908
20170908185035
ACCESSION NUMBER: 0001127602-17-027208
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170906
FILED AS OF DATE: 20170908
DATE AS OF CHANGE: 20170908
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Grogin Jeffrey
CENTRAL INDEX KEY: 0001440697
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35916
FILM NUMBER: 171077595
MAIL ADDRESS:
STREET 1: C/O PENNYMAC, 6101 CONDOR DRIVE
STREET 2: UPPER LEVEL
CITY: MOORPARK
STATE: CA
ZIP: 93021
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PENNYMAC FINANCIAL SERVICES, INC.
CENTRAL INDEX KEY: 0001568669
STANDARD INDUSTRIAL CLASSIFICATION: MORTGAGE BANKERS & LOAN CORRESPONDENTS [6162]
IRS NUMBER: 800882793
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 3043 TOWNSGATE ROAD
CITY: WESTLAKE VILLAGE
STATE: CA
ZIP: 91361
BUSINESS PHONE: (818) 224-7442
MAIL ADDRESS:
STREET 1: 3043 TOWNSGATE ROAD
CITY: WESTLAKE VILLAGE
STATE: CA
ZIP: 91361
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2017-09-06
0001568669
PENNYMAC FINANCIAL SERVICES, INC.
PFSI
0001440697
Grogin Jeffrey
C/O PENNYMAC FINANCIAL SERVICES, INC.
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE
CA
91361
1
CALO
Class A Common Stock
2017-09-06
4
S
0
3000
16.75
D
42000
I
The Grogin Living Trust dtd 12-19-01
Class A Common Stock
2017-09-07
4
S
0
3000
16.6817
D
39000
I
The Grogin Living Trust dtd 12-19-01
Class A Common Stock
2017-09-08
4
S
0
3000
16.74
D
36000
I
The Grogin Living Trust dtd 12-19-01
Class A Common Stock
14083
D
Cl A Units of Private Nat'l Mortgage Acceptance Company, LLC
Class A Common Stock
11064.27
11064.27
I
Adult Daughter
Cl A Units of Private Nat'l Mortgage Acceptance Company, LLC
Class A Common Stock
33193
33193
I
JBG Children's Trust utd 12/31/2000
Cl A Units of Private Nat'l Mortgage Acceptance Company, LLC
Class A Common Stock
22128.73
22128.73
I
MJG Children's Trust utd 12/31/2000
Cl A Units of Private Nat'l Mortgage Acceptance Company, LLC
Class A Common Stock
557580
557580
I
The Grogin Living Trust dtd 12-19-01
Nonstatutory Stock Option (Right to Buy)
21.03
2014-06-13
2023-06-12
Class A Common Stock
15882
15882
D
Nonstatutory Stock Option (Right to Buy)
17.26
2015-02-26
2024-02-25
Class A Common Stock
28216
28216
D
Nonstatutory Stock Option (Right to Buy)
17.52
2016-03-03
2025-03-02
Class A Common Stock
23829
23829
D
Nonstatutory Stock Option (Right to Buy)
11.28
2017-03-07
2026-03-06
Class A Common Stock
27771
27771
D
Nonstatutory Stock Option (Right to Buy)
18.05
2018-03-06
2027-03-05
Class A Common Stock
22506
22506
D
These shares of Class A Common Stock were sold pursuant to a 10b5-1 plan.
The price reported is the weighted average price of multiple transactions ranging from $16.65 to $16.75. The reporting person hereby undertakes to provide upon request to the SEC, the Issuer or a security holder of the Issuer the number of shares of Class A Common Stock and the prices at which the transactions were effected.
The price reported is the weighted average price of multiple transactions ranging from $16.625 to $16.85. The reporting person hereby undertakes to provide upon request to the SEC, the Issuer or a security holder of the Issuer the number of shares of Class A Common Stock and the prices at which the transactions were effected.
The reported amount consists of 9,002 restricted stock units and 5,081 shares of Class A Common Stock. The restricted stock units are to be settled in an equal number of shares of Class A Common Stock upon vesting.
Pursuant to the terms of an exchange agreement, Class A Units of Private National Mortgage Acceptance Company, LLC are exchangeable for shares of Class A Common Stock of the Issuer on a one-for-one basis, subject to customary conversion rate adjustments.
This nonstatutory stock option to purchase 15,882 shares of Class A Common Stock of the Issuer will vest as to one-third of the optioned shares on each of June 13, 2014, 2015 and 2016, subject to the Reporting Person's continued service through each date.
This nonstatutory stock option to purchase 28,216 shares of Class A Common Stock of the Issuer will vest as to one-third of the optioned shares on each of February 26, 2015, 2016 and 2017, subject to the Reporting Person's continued service through each date.
This nonstatutory stock option to purchase 23,829 shares of Class A Common Stock of the Issuer will vest as to one-third of the optioned shares on each of March 3, 2016, 2017 and 2018, subject to the Reporting Person's committed service through each date.
This nonstatutory stock option to purchase 27,771 shares of Class A Common Stock of the Issuer will vest as to one-third of the optioned shares on each of March 7, 2017, 2018 and 2019, subject to the Reporting Person's committed service through each date.
This nonstatutory stock option to purchase 22,506 shares of Class A Common Stock of the Issuer will vest as to one-third of the optioned shares on each of March 6, 2018, 2019 and 2020, subject to the Reporting Person's committed service through each date.
/s/ Derek W. Stark, attorney-in-fact for Mr. Grogin
2017-09-08