X0306 4 2020-03-03 0001464423 PennyMac Mortgage Investment Trust PMT 0001275713 SPECTOR DAVID C/O PENNYMAC MORTGAGE INVESTMENT TRUST 3043 TOWNSGATE ROAD WESTLAKE VILLAGE CA 91361 1 1 President and CEO Common Shares of Beneficial Interest 2020-03-03 4 A 0 15583 0 A 160240 D The Reporting Person was granted 15,583 restricted share units. The restricted share units, which 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 beneficial interest upon vesting. The reported amount consists of 39,241 restricted share units and 120,999 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. /s/ Kisha Parker, attorney-in-fact for Mr. Spector 2020-03-05