SEC Form 4 · accession 0001127602-15-017767
PennyMac Mortgage Investment Trust · PMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Grogin
Officer — CALO and Secretary
Period of report
May 14, 2015
Accepted (ET)
May 18, 2015 · 7:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001464423
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares of Beneficial InterestF1,F2 | May 14, 2015 | S | 1,625 | $18.1069 | D | 74,263 | D | |
| Common Shares of Beneficial InterestF3,F4 | May 15, 2015 | S | 1,500 | $18.1203 | D | 72,763 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The common shares of beneficial interest were sold pursuant to a 10b5-1 plan, which included sales in order to pay estimated tax obligations resulting from the scheduled vesting of 3,250 restricted share units on May 14, 2015.
- F2The price reported is the weighted average price of multiple transactions at prices ranging from $18.03 to $18.21. The reporting person hereby undertakes to provide upon request to the SEC, the Issuer or a security holder of the Issuer the number of common shares of beneficial interest and the prices at which the transactions were effected.
- F3The common shares of beneficial interest were sold pursuant to a 10b5-1 plan, which included sales in order to pay estimated tax obligations resulting from the scheduled vesting of 3,750 restricted share units on May 15, 2015.
- F4The reported amount consists of 39,763 restricted share units and 33,000 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.