Daniel Stanley Perotti - Feb 24, 2025 Form 4 Insider Report for PennyMac Mortgage Investment Trust (PMT)

Signature
/s/ Derek W. Stark, attorney-in-fact for Mr. Perotti
Stock symbol
PMT
Transactions as of
Feb 24, 2025
Transactions value $
-$99,404
Form type
4
Date filed
2/26/2025, 09:59 PM
Previous filing
Feb 25, 2025
Next filing
Mar 4, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PMT Common Shares of Beneficial Interest Award $0 +15.9K +29.01% $0.00 70.9K Feb 24, 2025 Direct F1
transaction PMT Common Shares of Beneficial Interest Options Exercise $0 +5.16K +7.28% $0.00 76.1K Feb 24, 2025 Direct
transaction PMT Common Shares of Beneficial Interest Options Exercise $0 +5.63K +7.41% $0.00 81.7K Feb 24, 2025 Direct
transaction PMT Common Shares of Beneficial Interest Options Exercise $0 +5.11K +6.26% $0.00 86.8K Feb 24, 2025 Direct
transaction PMT Common Shares of Beneficial Interest Tax liability -$25.9K -1.85K -2.13% $14.04 85K Feb 24, 2025 Direct
transaction PMT Common Shares of Beneficial Interest Tax liability -$28.4K -2.02K -2.37% $14.07 83K Feb 24, 2025 Direct
transaction PMT Common Shares of Beneficial Interest Tax liability -$25.7K -1.83K -2.21% $14.07 81.1K Feb 24, 2025 Direct
transaction PMT Common Shares of Beneficial Interest Tax liability -$19.4K -1.37K -1.69% $14.11 79.8K Feb 25, 2025 Direct
holding PMT Common Shares of Beneficial Interest 56.8K Feb 24, 2025 The Perotti Family Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PMT Performance-Based Restricted Share Units Award $0 +5.16K $0.00 5.16K Feb 24, 2025 Common Shares of Beneficial Interest 5.16K Direct F2
transaction PMT Performance-Based Restricted Share Units Options Exercise $0 -5.16K -100% $0.00 0 Feb 24, 2025 Common Shares of Beneficial Interest 5.16K Direct F2
transaction PMT Performance-Based Restricted Share Units Award $0 +5.63K $0.00 5.63K Feb 24, 2025 Common Shares of Beneficial Interest 5.63K Direct F3
transaction PMT Performance-Based Restricted Share Units Options Exercise $0 -5.63K -100% $0.00 0 Feb 24, 2025 Common Shares of Beneficial Interest 5.63K Direct F3
transaction PMT Performance-Based Restricted Share Units Award $0 +5.11K $0.00 5.11K Feb 24, 2025 Common Shares of Beneficial Interest 5.11K Direct F4
transaction PMT Performance-Based Restricted Share Units Options Exercise $0 -5.11K -100% $0.00 0 Feb 24, 2025 Common Shares of Beneficial Interest 5.11K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person was granted restricted stock units, which will vest in three equal installments beginning on the first anniversary of the grant date, are to be settled in an equal number of shares of common stock upon vesting.
F2 This performance-based restricted share unit (PSU) award was granted on February 25, 2022 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2022, 2023 and 2024. The PSU vested as to one-third on February 24, 2025 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2024 fiscal year was determined based on a return on equity and relative total stockholder return for the period of January 1, 2024 through December 31, 2024 resulting in a payout of 110.2%.
F3 This performance-based restricted share unit (PSU) award was granted on February 28, 2023 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2023, 2024 and 2025. The PSU vested as to one-third on February 24, 2025 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2024 fiscal year was determined based on a return on equity and relative total stockholder return for the period of January 1, 2024 through December 31, 2024 resulting in a payout of 80.1%.
F4 This performance-based restricted share unit (PSU) award was granted on March 12, 2024 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2024, 2025 and 2026. The PSU vested as to one-third on February 24, 2025 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2024 fiscal year was determined based on a return on equity and relative total stockholder return for the period of January 1, 2024 through December 31, 2024 resulting in a payout of 80.1%.