SEC Form 4 · accession 0001127602-16-052569
PennyMac Mortgage Investment Trust · PMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Richard Bailey
Officer — Chief Mortgage Ops Officer
Period of report
May 16, 2016
Accepted (ET)
May 17, 2016 · 6:55 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 16, 2016 | S | 3,750 | $14.8567 | D | 37,865 | D | |
| Common Shares of Beneficial InterestF3,F4,F5 | May 16, 2016 | S | 3,250 | $14.8509 | D | 34,615 | 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 vesting of 3,750 restricted share units on May 16, 2016.
- F2The price reported is the weighted average price of multiple transactions at prices ranging from $14.76 to $14.91. 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 vesting of 3,250 restricted share units on May 16, 2016.
- F4The price reported is the weighted average price of multiple transactions at prices ranging from $14.76 to $14.89. 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.
- F5The reported amount consists of 34,615 restricted share units, which are to be settled in an equal number of common shares of beneficial interest upon vesting.