X0203 3 2010-03-03 0 0001464423 PennyMac Mortgage Investment Trust PMT 0001486360 Fartaj Vandad C/O PENNYMAC MORTGAGE INVESTMENT TRUST 2700 AGOURA ROAD CALABASAS CA 91301 0 1 0 0 Chief Accounting Officer Common Shares of Beneficial Interest 1440 D Mr. Hendry was granted 1,440 restricted share units upon the completion of the Company's initial public offering on August 4, 2009. 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. /s/ Gregory L. Hendry 2010-03-05