X0306 4 2017-02-23 0001464423 PennyMac Mortgage Investment Trust PMT 0001202210 HALVORSEN CLAY A C/O PENNYMAC MORTGAGE INVESTMENT TRUST 3043 TOWNSGATE ROAD WESTLAKE VILLAGE CA 91361 1 Common Shares of Beneficial Interest 2017-02-23 4 A 0 5105 0 A 31118 D The Reporting Person was granted 5,105 restricted share units. The restricted share 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 common shares of beneficial interest upon vesting. The reported amount consists of 12,591 restricted share units and 18,527 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. Halvorsen 2017-02-27