SEC Form 4 · accession 0001127602-16-043566
PennyMac Mortgage Investment Trust · PMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vandad Fartaj
Officer — Chief Investment Officer
Period of report
Feb 24, 2016
Accepted (ET)
Feb 26, 2016 · 3:51 pm EST
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 | Feb 24, 2016 | A | 9,230 | $0.00 | A | 96,202 | D | |
| Common Shares of Beneficial InterestF2,F3 | Feb 24, 2016 | S | 1,826 | $12.15 | D | 94,376 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person was granted 9,230 restricted share units. The restricted share units, which vest in three equal annual installments beginning on the first anniversary of the grant date, are to be settled in an equal number of common shares of beneficial interest upon vesting.
- F2The 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 vesting of 3,653 restricted share units on February 24, 2016.
- F3The reported amount consists of 51,187 restricted share units and 43,189 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.