X0306 4 2020-03-03 0001464423 PennyMac Mortgage Investment Trust PMT 0001486360 Fartaj Vandad C/O PENNYMAC MORTGAGE INVESTMENT TRUST 3043 TOWNSGATE ROAD WESTLAKE VILLAGE CA 91361 1 Chief Investment Officer Common Shares of Beneficial Interest 2020-03-03 4 A 0 6250 0 A 99523 D The Reporting Person was granted 6,250 restricted share units. The restricted share 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 beneficial interest upon vesting. The reported amount consists of 14,888 restricted share units and 84,635 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/ Kisha Parker, attorney-in-fact for Mr. Fartaj 2020-03-05