SEC Form 4 · accession 0001127602-17-014525

PNMAC Holdings, Inc. · PFSI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Daniel Stanley Perotti

Officer — Deputy CFO

Period of report

Apr 5, 2017

Accepted (ET)

Apr 7, 2017 · 6:04 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 Stock^F1,F2,F3	Apr 5, 2017	S	4,559	$16.158	D	11,405	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, LLC^F4	—	holding	—	—	—	—	—	Class A Common Stock	326,506	326,506	I
Nonstatutory Stock Option (Right to Buy)^F5	$21.03	holding	—	—	—	Jun 13, 2014	Jun 12, 2023	Class A Common Stock	2,523	2,523	D
Nonstatutory Stock Option (Right to Buy)^F6	$17.26	holding	—	—	—	Feb 26, 2015	Feb 25, 2024	Class A Common Stock	16,881	16,881	D
Nonstatutory Stock Option (Right to Buy)^F7	$17.52	holding	—	—	—	Mar 3, 2016	Mar 2, 2025	Class A Common Stock	16,481	16,481	D
Nonstatutory Stock Option (Right to Buy)^F8	$11.28	holding	—	—	—	Mar 7, 2017	Mar 6, 2026	Class A Common Stock	16,615	16,615	D
Nonstatutory Stock Option (Right to Buy)^F9	$18.05	holding	—	—	—	Mar 6, 2018	Mar 5, 2027	Class A Common Stock	22,506	22,506	D

Explanation of responses

F1These shares of Class A Common Stock were sold pursuant to a 10b5-1 plan.
F2The price reported is the weighted average price of multiple transactions ranging from $15.975 to $16.60. The reporting person hereby undertakes to provide upon request to the SEC, the Issuer or a security holder of the Issuer the number of Class A Common Stock and the prices at which the transactions were effected.
F3The reported amount consists of 9,002 restricted stock units and 2,403 shares of Class A Common Stock. The restricted stock units are to be settled in an equal number of shares of Class A Common Stock upon vesting.
F4Pursuant 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, from and after the closing of PennyMac Financial, Inc,'s initial public offering, and after the expiration of a lock-up agreement.
F5This nonstatutory stock option to purchase 2,523 shares of Class A Common Stock of the Issuer will vest as to one-third of the optioned shares on each of the first, second and third anniversaries of the grant date, subject to the Reporting Person's continued service through each date.
F6This nonstatutory stock option to purchase 16,881 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.
F7This nonstatutory stock option to purchase 16,481 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.
F8This nonstatutory stock option to purchase 16,615 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.
F9This nonstatutory stock option to purchase 22,506 shares of Class A Common Stock of the Issuer will vest as to one-third of the optioned shares on each of March 6, 2018, 2019 and 2020, subject to the Reporting Person's committed service through each date.