SEC Form 4 · accession 0001127602-16-052588
PennyMac Mortgage Investment Trust · PMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David M Walker
Officer — Chief Risk Officer
Period of report
May 16, 2016
Accepted (ET)
May 17, 2016 · 7:14 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 | 1,688 | $14.8375 | D | 77,190 | D | |
| Common Shares of Beneficial InterestF3,F4,F5 | May 16, 2016 | S | 1,625 | $14.8326 | D | 75,565 | 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 $14.92. 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 34,614 restricted share units and 40,951 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.