SEC Form 4 · accession 0001127602-16-055474
PNMAC Holdings, Inc. · PFSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory L Hendry
Officer — MD, Chief Accounting Officer
Period of report
Jun 13, 2016
Accepted (ET)
Jun 13, 2016 · 7:27 pm EDT
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 | Jun 13, 2016 | S | 141 | $13.90 | D | 3,959 | D |
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, LLCF3 | — | holding | — | — | — | — | — | Class A Common Stock | 27,394 | 27,394 | D |
| Nonstatutory Stock Option (Right to Buy)F4 | $21.03 | holding | — | — | — | Jun 13, 2014 | Jun 12, 2023 | Class A Common Stock | 2,018 | 2,018 | D |
| Nonstatutory Stock Option (Right to Buy)F5 | $17.26 | holding | — | — | — | Feb 26, 2015 | Feb 25, 2024 | Class A Common Stock | 3,077 | 3,077 | D |
| Nonstatutory Stock Option (Right to Buy)F6 | $17.52 | holding | — | — | — | Mar 3, 2016 | Mar 2, 2025 | Class A Common Stock | 3,032 | 3,032 | D |
| Nonstatutory Stock Option (Right to Buy)F7 | $11.28 | holding | — | — | — | Mar 7, 2017 | Mar 6, 2026 | Class A Common Stock | 3,530 | 3,530 | D |
Explanation of responses
- F1The shares of Class A Common Stock were sold pursuant to a 10b5-1 plan in order to pay estimated tax obligations resulting from the vesting of 336 restricted stock units on June 13, 2016.
- F2The reported amount consists of 2,626 restricted stock units (RSUs) and 1,333 shares of Class A Common Stock. The RSUs are to be settled in an equal number of shares of Class A Common Stock upon vesting.
- F3Pursuant 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.
- F4This 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.
- F5This 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.
- F6This nonstatutory stock option to purchase 3,032 shares of Class A Common Stock of the Issuer will vest as to one-third of the optioned shares on each of March 3, 2016, 2017 and 2018, subject to the Reporting Person's committed service through each date.
- F7This nonstatutory stock option to purchase 3,530 shares of Class A Common Stock of the Issuer will vest as to one-third of the optioned shares on each of March 7, 2017, 2018 and 2019, subject to the Reporting Person's committed service through each date.