SEC Form 4 · accession 0001127602-15-008770
PNMAC Holdings, Inc. · PFSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory L Hendry
Officer — EVP, Chief Accounting Officer
Period of report
Feb 26, 2015
Accepted (ET)
Feb 27, 2015 · 3:24 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001568669
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2 | Feb 26, 2015 | S | 173 | $17.34 | D | 2,067 | D | |
| Class B Common Stock | holding | — | — | — | 1 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonstatutory Stock Option (Right to Buy)F3 | $21.03 | holding | — | — | — | Jun 13, 2014 | Jun 12, 2023 | Class A Common Stock | 2,018 | 2,018 | D |
| Nonstatutory Stock Option (Right to Buy)F4 | $17.26 | holding | — | — | — | Feb 26, 2015 | Feb 25, 2024 | Class A Common Stock | 3,077 | 3,077 | D |
| Cl A Units of Private Nat'l Mortgage Acceptance Company, LLCF5 | — | holding | — | — | — | — | — | Class A Common Stock | 27,394 | 27,394 | D |
Explanation of responses
- F1The common shares of beneficial interest were sold pursuant to a 10b5-1 plan in order to pay estimated tax obligations resulting from the vesting of 411 restricted stock units on February 26, 2015.
- F2The reported amount consists of 1,829 restricted stock units (RSUs) and 238 common shares of beneficial interest. The RSUs are to be settled in an equal number of common shares of beneficial interest upon vesting.
- F3This nonstatutory stock option to purchase 2,018 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.
- F4This nonstatutory stock option to purchase 3,077 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.
- F5Pursuant 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.