X0306 4 2015-06-02 0001568669 PENNYMAC FINANCIAL SERVICES, INC. PFSI 0001196045 MAZZELLA JOSEPH F C/O PENNYMAC FINANCIAL SERVICES, INC. 6101 CONDOR DRIVE MOORPARK CA 93021 1 Class A Common Stock 2015-06-02 4 A 0 4543 0 A 20878 D Cl A Units of Private Nat'l Mortgage Acceptance Company, LLC 2013-11-05 Class A Common Stock 331052 331052 D Cl A Units of Private Nat'l Mortgage Acceptance Company, LLC 2013-11-05 Class A Common Stock 407031 407031 I Mazzella Family Irrevocable Trust The Reporting Person was granted 4,543 restricted stock units in connection with his service as a director. The restricted stock units, which vest in three equal annual installments beginning on the first anniversary of the grant date, are to be settled in an equal number of shares of Class A Common Stock upon vesting. The reported amount consists of 11,525 restricted stock units and 9,353 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. Pursuant 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 PennyMac Financial Services, Inc. on a one-for-one basis, subject to customary conversion rate adjustments, from and after the closing of PennyMac Financial Services, Inc.'s initial public offering, and after the expiration of a lock-up agreement. N/A /s/ Derek W. Stark, attorney-in-fact for Mr. Mazzella 2015-06-03