PennyMac Mortgage Investment Trust (NYSE:PMT) Files An 8-K Submission of Matters to a Vote of Security Holders

PennyMac Mortgage Investment Trust (NYSE:PMT) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07Submission of Matters to a Vote of Security Holders.

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On June 5, 2018, PennyMac Mortgage Investment Trust (the “Company”) held its Annual Meeting of Shareholders (the “Meeting”) in Westlake Village, California for the purpose of: (i) electing three (3) Class III trustee nominees to serve on the Company’s Board of Trustees (the “Board”) until its 2021 Annual Meeting of Shareholders; (ii) ratifying the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2018; and (iii) approving, by non-binding vote, the Company’s executive compensation.The total number of common shares of beneficial interest entitled to vote at the Meeting was 60,882,954, of which 55,623,678 shares, or 91.36%, were present in person or by proxy.

Proposal 1:The election of three (3) Class III trustee nominees to serve on the Board until the 2021 Annual Meeting of Shareholders.

Trustee

Votes For

Votes Against

Abstentions

Broker Non-Votes

Stanford L. Kurland

30,357,546

9,450,428

74,341

15,741,363

David A. Spector

32,661,991

7,124,643

95,681

15,741,363

Randall D. Hadley

32,189,995

7,590,775

101,545

15,741,363

All Class III trustee nominees were elected.The other continuing trustees of the Company are Scott W. Carnahan, Marianne Sullivan, Frank P. Willey, Preston DuFauchard, Nancy McAllister and Stacey D. Stewart.

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, 2018.

Votes For

Votes Against

Abstentions

Broker Non-Votes

54,792,623

613,320

217,735

0

Proposal 3:Approval, by non-binding vote, of the Company’s executive compensation.

Votes For

Votes Against

Abstentions

Broker Non-Votes

26,193,361

12,238,272

1,450,682

15,741,363

Further information regarding these proposals is set forth in the Company’s definitive proxy statement on Schedule 14A filed with the SEC on April 23, 2018.


About PennyMac Mortgage Investment Trust (NYSE:PMT)

PennyMac Mortgage Investment Trust is a specialty finance company that invests primarily in residential mortgage loans and mortgage-related assets. The Company conducts all of its operations, and makes all of its investments, through PennyMac Operating Partnership, L.P. and its subsidiaries. It operates through two segments: correspondent production and investment activities. The correspondent production segment represents its operations aimed at serving as an intermediary between mortgage lenders and the capital markets by purchasing, pooling and reselling newly originated prime credit quality mortgage loans either directly or in the form of mortgage-backed securities (MBS), using the services of PNMAC Capital Management and PennyMac Loan Services, LLC. The investment activities segment represents its investments in mortgage-related assets, which include distressed mortgage loans, real estate acquired in settlement of loans, MBS, mortgage servicing rights and excess servicing spread.

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