SEC Form 4/A · accession 0001127602-16-038832
PNMAC Holdings, Inc. · PFSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Doug Jones
Officer — Ch Institutional Mrtg Bnkg Off
Period of report
Nov 23, 2015
Accepted (ET)
Feb 1, 2016 · 7:55 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 | holding | — | — | — | 6,000 | I | The Jones Family Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cl A Units of Private Nat'l Mortgage Acceptance Company, LLCF1,F2 | — | holding | — | — | — | — | — | Class A Common Stock | 757,767 | 757,767 | I |
Explanation of responses
- F1This report amends a Form 4 filed by the Reporting Person on November 23, 2015, which reported a disposition of Class A Units of Private National Mortgage Acceptance Company, LLC and a corresponding acquisition of shares of Class A Common Stock of the company on November 23, 2015 pursuant to a Rule 10b5-1 plan previously established by the Reporting Person. On January 22, 2016, the Reporting Person and the broker administering the Rule 10b5-1 plan determined that, due to broker drafting and administration errors with respect to the plan, the November 23, 2015 exchange was not properly effected and that the resulting record keeping errors needed to be reversed. This amended report shows a reversal of that reported transaction. Upon determination of the errors, the Reporting Person terminated the Rule 10b5-1 Sales Plan on January 28, 2016.
- F2Pursuant 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.