X0306 4 2014-06-03 0001464423 PennyMac Mortgage Investment Trust PMT 0001440697 Grogin Jeffrey C/O PENNYMAC MORTGAGE INVESTMENT TRUST 6101 CONDOR DRIVE MOORPARK CA 93021 1 CALO and Secretary Common Shares of Beneficial Interest 2014-06-03 4 A 0 14900 0 A 62525 D The Reporting Person was granted 14,900 restricted share units. The restricted share units, which vest in four equal annual installments beginning on the first anniversary of the grant date, are to be settled in an equal number of common shares of beneficial interest upon vesting. The reported amount consists of 35,275 restricted share units and 27,250 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/ Derek W. Stark, attorney-in-fact for Mr. Grogin 2014-06-05