X0306 4 2017-03-06 0001568669 PENNYMAC FINANCIAL SERVICES, INC. PFSI 0001469142 Botein Matthew C/O PENNYMAC FINANCIAL SERVICES, INC. 3043 TOWNSGATE ROAD WESTLAKE VILLAGE CA 91361 1 Class A Common Stock 2017-03-06 4 A 0 5373 0 A 27582 D Cl A Units of Private Nat'l Mortgage Acceptance Company, LLC 2013-11-05 Class A Common Stock 918552 918552 D The Reporting Person was granted 5,373 restricted stock units in connection with his service as a director. The restricted stock 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 Class A Common Stock upon vesting. The reported amount consists of 17,945 restricted share units and 9,637 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. Pursuant to the terms of an exchange agreement, Class A Units of Private National Mortgage Acceptance Company, LLC are exchangeable for shares of Class A Common Stock of PennyMac Financial Services, Inc. on a one-for-one basis, subject to customary conversion rate adjustments, from and after the closing of PennyMac Financial Services, Inc.'s initial public offering, and after the expiration of a lock-up agreement. N/A /s/ Derek W. Stark, attorney-in-fact for Mr. Botein 2017-03-08