X0306 4 2017-02-23 0001464423 PennyMac Mortgage Investment Trust PMT 0001232611 MCCALLION ANNE C/O PENNYMAC MORTGAGE INVESTMENT TRUST 3043 TOWNSGATE ROAD WESTLAKE VILLAGE CA 91361 1 Chief Enterpirse Ops Officer Common Shares of Beneficial Interest 2017-02-23 4 A 0 5281 0 A 131426 D The Reporting Person was granted 5,281 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 34,996 restricted share units and 96,430 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 Ms. McCallion 2017-02-27