SEC Form 4 · accession 0001127602-17-018875
PNMAC Holdings, Inc. · PFSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David M Walker
Officer — Chief Risk Officer
Period of report
May 18, 2017
Accepted (ET)
May 19, 2017 · 5:33 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 | May 18, 2017 | M | 5,000 | $0.00 | A | 5,030 | I | The Walker Trust 2002 Dated February 13, 2002, As Amended |
| Class A Common StockF3,F4 | May 18, 2017 | S | 5,000 | $16.1165 | D | 30 | I | The Walker Trust 2002 Dated February 13, 2002, As Amended |
| Class A Common StockF1,F2 | May 19, 2017 | M | 5,000 | $0.00 | A | 5,030 | I | The Walker Trust 2002 Dated February 13, 2002, As Amended |
| Class A Common StockF3,F5 | May 19, 2017 | S | 5,000 | $16.2905 | D | 30 | I | The Walker Trust 2002 Dated February 13, 2002, As Amended |
| Class A Common StockF6 | holding | — | — | — | 17,087 | 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, LLCF2,F1 | — | May 18, 2017 | M | 5,000 | D | — | — | Class A Common Stock | 5,000 | 738,055 | I |
| Cl A Units of Private Nat'l Mortgage Acceptance Company, LLCF2,F1 | — | May 19, 2017 | M | 5,000 | D | — | — | Class A Common Stock | 5,000 | 733,055 | I |
| Nonstatutory Stock Option (Right to Buy)F7 | $21.03 | holding | — | — | — | Jun 13, 2014 | Jun 12, 2023 | Class A Common Stock | 15,882 | 15,882 | D |
| Nonstatutory Stock Option (Right to Buy)F8 | $17.26 | holding | — | — | — | Feb 26, 2015 | Feb 25, 2024 | Class A Common Stock | 28,216 | 28,216 | D |
| Nonstatutory Stock Option (Right to Buy)F9 | $17.52 | holding | — | — | — | Mar 3, 2016 | Mar 2, 2025 | Class A Common Stock | 23,829 | 23,829 | D |
| Nonstatutory Stock Option (Right to Buy)F10 | $11.28 | holding | — | — | — | Mar 7, 2017 | Mar 6, 2026 | Class A Common Stock | 27,771 | 27,771 | D |
| Nonstatutory Stock Option (Right to Buy)F11 | $18.05 | holding | — | — | — | Mar 6, 2018 | Mar 5, 2027 | Class A Common Stock | 17,313 | 17,313 | D |
Explanation of responses
- F1Represents shares of Class A Common Stock received upon the exchange of Class A Units of Private National Mortgage Acceptance Company, LLC.
- F10This nonstatutory stock option to purchase 27,771 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.
- F11This nonstatutory stock option to purchase 17,313 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.
- 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.
- F3These shares of Class A Common Stock were sold pursuant to a 10b5-1 plan.
- F4The price reported is the weighted average price of multiple transactions ranging from $16.00 to $16.275. 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 price reported is the weighted average price of multiple transactions ranging from $16.20 to $16.375. 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.
- F6The reported amount consists of 6,925 restricted share units and 10,162 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.
- F7This nonstatutory stock option to purchase 15,882 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.
- F8This nonstatutory stock option to purchase 28,216 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.
- F9This nonstatutory stock option to purchase 23,829 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.