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PENNYMAC FINANCIAL SERVICES, INC. FILES (8-K) Disclosing Submission of Matters to a Vote of Security Holders

June 10, 2014



Item 5.07 Submission of Matters to a Vote of Security Holders.

On June 5, 2014, PennyMac Financial Services, Inc. (the "Company") held its Annual Meeting of Stockholders (the "Meeting") in Moorpark, California for the purpose of: (i) electing nine (9) director nominees to serve on the Board of Directors (the "Board"), each for a one-year term expiring at the 2015 Annual Meeting of Stockholders; and (ii) ratifying the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2014. As of the record date, 20,879,486 shares of Class A common stock were issued and outstanding, and 58 shares of Class B common stock were issued and held by owners of Class A units of Private National Mortgage Acceptance Company, LLC ("PNMAC"). Each share of Class A common stock held on the record date entitled the holder to one vote on each proposal. Each share of Class B common stock held on the record date entitled the holder to a number of votes on each proposal equal to the number of Class A units of PNMAC held by such holder on the record date. The total number of eligible votes as of the record date was 75,888,888, of which 72,673,184 shares, or 95.76%, were present in person or by proxy.

Proposal 1: The election of nine (9) director nominees to serve on the Board, each for a one-year term expiring at the 2015 Annual Meeting of Stockholders.

Trustee Votes For Votes Withheld Broker Non-Votes Stanford L. Kurland 71,209,027 53,968 1,410,189 David A. Spector 71,221,027 41,968 1,410,189 Matthew Botein 71,136,873 126,122 1,410,189 James K. Hunt 69,611,265 1,651,730 1,410,189 Joseph Mazzella 71,205,524 57,471 1,410,189 Farhad Nanji 71,205,524 57,471 1,410,189 John Taylor 71,222,100 40,895 1,410,189 Mark Wiedman 71,205,524 57,471 1,410,189 Emily Youssouf 71,222,043 40,952 1,410,189



All director nominees were elected.

Proposal 2: Ratification of the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the Company for the fiscal year ending December 31, 2014.

Votes For Votes Against Abstentions Broker Non-Votes 72,645,815 26,099 1,270 0



Further information regarding these proposals is set forth in the Company's definitive proxy statement on Schedule 14A filed with the SEC on April 21, 2014.

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Source: Edgar Glimpses


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