PMT

SEC source: 0001127602-19-012183 · form4.xml · nonDerivative · entry 2

MCCALLION ANNE · CIK 0001232611 · Chief Enterpirse Ops Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 139,077

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · shares: This performance-based restricted share unit (PSU) award was granted to the Reporting Person on February 23, 2017 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2017, 2018 and 2019. The PSU vested as to one-third on March 15, 2019 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2018 fiscal year was determined based on the Issuer's return on equity (ROE) of 10.10% for the period of January 1, 2018 through December 31, 2018 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 127.5%.

F4 · balance_after: The reported amount consists of 4,663 restricted share units and 134,414 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.

SEC source: 0001127602-19-012183 · form4.xml · nonDerivative · entry 1

MCCALLION ANNE · CIK 0001232611 · Chief Enterpirse Ops Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 136,334

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: This performance-based restricted share unit (PSU) award was granted to the Reporting Person on February 24, 2016 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending in 2016, 2017 and 2018. The PSU vested as to one-third on March 15, 2019 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2018 fiscal year was determined based on the Issuer's return on equity (ROE) of 10.10% for the period of January 1, 2018 through December 31, 2018 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 102.5%.

F2 · balance_after: The reported amount consists of 4,663 restricted share units and 131,671 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.

SEC source: 0001127602-19-012167 · form4.xml · derivative · entry 12

Jones Doug · CIK 0001544302 · Chf Mortgage Banking Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Shares of Beneficial Interest · 3,313 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_price: This performance-based restricted share unit (PSU) award was granted to the Reporting Person on March 12, 2018 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2018, 2019 and 2020. The PSU vested as to one-third on March 15, 2019 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2018 fiscal year was determined based on the Issuer's return on equity (ROE) of 10.10% for the period of January 1, 2018 through December 31, 2018 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 127.5%.

F5 · derivative.exercise_date: This performance-based restricted share unit (PSU) award was granted to the Reporting Person on March 12, 2018 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2018, 2019 and 2020. The PSU vested as to one-third on March 15, 2019 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2018 fiscal year was determined based on the Issuer's return on equity (ROE) of 10.10% for the period of January 1, 2018 through December 31, 2018 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 127.5%.

F5 · derivative.expiration_date: This performance-based restricted share unit (PSU) award was granted to the Reporting Person on March 12, 2018 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2018, 2019 and 2020. The PSU vested as to one-third on March 15, 2019 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2018 fiscal year was determined based on the Issuer's return on equity (ROE) of 10.10% for the period of January 1, 2018 through December 31, 2018 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 127.5%.

F5 · derivative.underlying_shares: This performance-based restricted share unit (PSU) award was granted to the Reporting Person on March 12, 2018 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2018, 2019 and 2020. The PSU vested as to one-third on March 15, 2019 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2018 fiscal year was determined based on the Issuer's return on equity (ROE) of 10.10% for the period of January 1, 2018 through December 31, 2018 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 127.5%.

SEC source: 0001127602-19-012167 · form4.xml · derivative · entry 11

Jones Doug · CIK 0001544302 · Chf Mortgage Banking Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,313

Underlying: Common Shares of Beneficial Interest · 3,313 shares

Expires not disclosed

F5 · derivative.exercise_price: This performance-based restricted share unit (PSU) award was granted to the Reporting Person on March 12, 2018 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2018, 2019 and 2020. The PSU vested as to one-third on March 15, 2019 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2018 fiscal year was determined based on the Issuer's return on equity (ROE) of 10.10% for the period of January 1, 2018 through December 31, 2018 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 127.5%.

F5 · derivative.exercise_date: This performance-based restricted share unit (PSU) award was granted to the Reporting Person on March 12, 2018 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2018, 2019 and 2020. The PSU vested as to one-third on March 15, 2019 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2018 fiscal year was determined based on the Issuer's return on equity (ROE) of 10.10% for the period of January 1, 2018 through December 31, 2018 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 127.5%.

F5 · derivative.expiration_date: This performance-based restricted share unit (PSU) award was granted to the Reporting Person on March 12, 2018 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2018, 2019 and 2020. The PSU vested as to one-third on March 15, 2019 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2018 fiscal year was determined based on the Issuer's return on equity (ROE) of 10.10% for the period of January 1, 2018 through December 31, 2018 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 127.5%.

SEC source: 0001127602-19-012167 · form4.xml · derivative · entry 10

Jones Doug · CIK 0001544302 · Chf Mortgage Banking Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Shares of Beneficial Interest · 3,429 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: This performance-based restricted share unit (PSU) award was granted to the Reporting Person on February 23, 2017 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2017, 2018 and 2019. The PSU vested as to one-third on March 15, 2019 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2018 fiscal year was determined based on the Issuer's return on equity (ROE) of 10.10% for the period of January 1, 2018 through December 31, 2018 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 127.5%.

F3 · derivative.exercise_date: This performance-based restricted share unit (PSU) award was granted to the Reporting Person on February 23, 2017 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2017, 2018 and 2019. The PSU vested as to one-third on March 15, 2019 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2018 fiscal year was determined based on the Issuer's return on equity (ROE) of 10.10% for the period of January 1, 2018 through December 31, 2018 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 127.5%.

F3 · derivative.expiration_date: This performance-based restricted share unit (PSU) award was granted to the Reporting Person on February 23, 2017 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2017, 2018 and 2019. The PSU vested as to one-third on March 15, 2019 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2018 fiscal year was determined based on the Issuer's return on equity (ROE) of 10.10% for the period of January 1, 2018 through December 31, 2018 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 127.5%.

F3 · derivative.underlying_shares: This performance-based restricted share unit (PSU) award was granted to the Reporting Person on February 23, 2017 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2017, 2018 and 2019. The PSU vested as to one-third on March 15, 2019 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2018 fiscal year was determined based on the Issuer's return on equity (ROE) of 10.10% for the period of January 1, 2018 through December 31, 2018 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 127.5%.

SEC source: 0001127602-19-012167 · form4.xml · derivative · entry 9

Jones Doug · CIK 0001544302 · Chf Mortgage Banking Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,429

Underlying: Common Shares of Beneficial Interest · 3,429 shares

Expires not disclosed

F3 · derivative.exercise_price: This performance-based restricted share unit (PSU) award was granted to the Reporting Person on February 23, 2017 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2017, 2018 and 2019. The PSU vested as to one-third on March 15, 2019 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2018 fiscal year was determined based on the Issuer's return on equity (ROE) of 10.10% for the period of January 1, 2018 through December 31, 2018 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 127.5%.

F3 · derivative.exercise_date: This performance-based restricted share unit (PSU) award was granted to the Reporting Person on February 23, 2017 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2017, 2018 and 2019. The PSU vested as to one-third on March 15, 2019 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2018 fiscal year was determined based on the Issuer's return on equity (ROE) of 10.10% for the period of January 1, 2018 through December 31, 2018 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 127.5%.

F3 · derivative.expiration_date: This performance-based restricted share unit (PSU) award was granted to the Reporting Person on February 23, 2017 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2017, 2018 and 2019. The PSU vested as to one-third on March 15, 2019 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2018 fiscal year was determined based on the Issuer's return on equity (ROE) of 10.10% for the period of January 1, 2018 through December 31, 2018 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 127.5%.

SEC source: 0001127602-19-012167 · form4.xml · derivative · entry 8

Jones Doug · CIK 0001544302 · Chf Mortgage Banking Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Shares of Beneficial Interest · 2,102 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: This performance-based restricted share unit (PSU) award was granted to the Reporting Person on February 24, 2016 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending in 2016, 2017 and 2018. The PSU vested as to one-third on March 15, 2019 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2018 fiscal year was determined based on the Issuer's return on equity (ROE) of 10.10% for the period of January 1, 2018 through December 31, 2018 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 102.5%.

F1 · derivative.exercise_date: This performance-based restricted share unit (PSU) award was granted to the Reporting Person on February 24, 2016 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending in 2016, 2017 and 2018. The PSU vested as to one-third on March 15, 2019 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2018 fiscal year was determined based on the Issuer's return on equity (ROE) of 10.10% for the period of January 1, 2018 through December 31, 2018 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 102.5%.

F1 · derivative.expiration_date: This performance-based restricted share unit (PSU) award was granted to the Reporting Person on February 24, 2016 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending in 2016, 2017 and 2018. The PSU vested as to one-third on March 15, 2019 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2018 fiscal year was determined based on the Issuer's return on equity (ROE) of 10.10% for the period of January 1, 2018 through December 31, 2018 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 102.5%.

F1 · derivative.underlying_shares: This performance-based restricted share unit (PSU) award was granted to the Reporting Person on February 24, 2016 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending in 2016, 2017 and 2018. The PSU vested as to one-third on March 15, 2019 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2018 fiscal year was determined based on the Issuer's return on equity (ROE) of 10.10% for the period of January 1, 2018 through December 31, 2018 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 102.5%.

SEC source: 0001127602-19-012167 · form4.xml · derivative · entry 7

Jones Doug · CIK 0001544302 · Chf Mortgage Banking Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,102

Underlying: Common Shares of Beneficial Interest · 2,102 shares

Expires not disclosed

F1 · derivative.exercise_price: This performance-based restricted share unit (PSU) award was granted to the Reporting Person on February 24, 2016 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending in 2016, 2017 and 2018. The PSU vested as to one-third on March 15, 2019 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2018 fiscal year was determined based on the Issuer's return on equity (ROE) of 10.10% for the period of January 1, 2018 through December 31, 2018 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 102.5%.

F1 · derivative.exercise_date: This performance-based restricted share unit (PSU) award was granted to the Reporting Person on February 24, 2016 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending in 2016, 2017 and 2018. The PSU vested as to one-third on March 15, 2019 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2018 fiscal year was determined based on the Issuer's return on equity (ROE) of 10.10% for the period of January 1, 2018 through December 31, 2018 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 102.5%.

F1 · derivative.expiration_date: This performance-based restricted share unit (PSU) award was granted to the Reporting Person on February 24, 2016 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending in 2016, 2017 and 2018. The PSU vested as to one-third on March 15, 2019 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2018 fiscal year was determined based on the Issuer's return on equity (ROE) of 10.10% for the period of January 1, 2018 through December 31, 2018 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 102.5%.

SEC source: 0001127602-19-012167 · form4.xml · nonDerivative · entry 6

Jones Doug · CIK 0001544302 · Chf Mortgage Banking Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 70,886

F11 · shares: Represents shares withheld for taxes upon vesting of performance-based restricted share units granted on March 12, 2018.

F12 · balance_after: The reported amount consists of 11,934 restricted share units and 58,952 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.

SEC source: 0001127602-19-012167 · form4.xml · nonDerivative · entry 5

Jones Doug · CIK 0001544302 · Chf Mortgage Banking Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 72,032

F9 · shares: Represents shares withheld for taxes upon vesting of performance-based restricted share units granted on February 23, 2017.

F10 · balance_after: The reported amount consists of 11,934 restricted share units and 60,098 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.

SEC source: 0001127602-19-012167 · form4.xml · nonDerivative · entry 4

Jones Doug · CIK 0001544302 · Chf Mortgage Banking Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 73,218

F7 · shares: Represents shares withheld for taxes upon vesting of performance-based restricted share units granted on February 24, 2016.

F8 · balance_after: The reported amount consists of 11,934 restricted share units and 61,284 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.

SEC source: 0001127602-19-012167 · form4.xml · nonDerivative · entry 3

Jones Doug · CIK 0001544302 · Chf Mortgage Banking Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 73,945

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · shares: This performance-based restricted share unit (PSU) award was granted to the Reporting Person on March 12, 2018 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2018, 2019 and 2020. The PSU vested as to one-third on March 15, 2019 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2018 fiscal year was determined based on the Issuer's return on equity (ROE) of 10.10% for the period of January 1, 2018 through December 31, 2018 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 127.5%.

F6 · balance_after: The reported amount consists of 11,934 restricted share units and 62,011 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.

SEC source: 0001127602-19-012167 · form4.xml · nonDerivative · entry 2

Jones Doug · CIK 0001544302 · Chf Mortgage Banking Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 70,632

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · shares: This performance-based restricted share unit (PSU) award was granted to the Reporting Person on February 23, 2017 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2017, 2018 and 2019. The PSU vested as to one-third on March 15, 2019 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2018 fiscal year was determined based on the Issuer's return on equity (ROE) of 10.10% for the period of January 1, 2018 through December 31, 2018 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 127.5%.

F4 · balance_after: The reported amount consists of 11,934 restricted share units and 58,698 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.

SEC source: 0001127602-19-012167 · form4.xml · nonDerivative · entry 1

Jones Doug · CIK 0001544302 · Chf Mortgage Banking Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 67,203

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: This performance-based restricted share unit (PSU) award was granted to the Reporting Person on February 24, 2016 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending in 2016, 2017 and 2018. The PSU vested as to one-third on March 15, 2019 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2018 fiscal year was determined based on the Issuer's return on equity (ROE) of 10.10% for the period of January 1, 2018 through December 31, 2018 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 102.5%.

F2 · balance_after: The reported amount consists of 11,934 restricted share units and 55,269 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.

SEC source: 0001127602-19-011573 · form4.xml · nonDerivative · entry 1

Stewart Stacey D. · CIK 0001469174 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,807

F1 · shares: These common shares of beneficial interest were sold pursuant to a 10b5-1 plan.

F2 · balance_after: The reported amount consists of 9,473 restricted share units and 20,334 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.

SEC source: 0001127602-19-011568 · form4.xml · nonDerivative · entry 1

Carnahan Scott W. · CIK 0001469228 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 66,304

F1 · shares: The common shares of beneficial interest were sold pursuant to a 10b5-1 plan.

F2 · balance_after: The reported amount consists of 9,473 restricted share units and 56,831 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.

SEC source: 0001127602-19-011570 · form4.xml · nonDerivative · entry 1

Preston Paul DuFauchard, Jr. · CIK 0001561933 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,545

F1 · shares: The common shares of beneficial interest were sold pursuant to a 10b5-1 plan.

F2 · balance_after: The reported amount consists of 9,743 restricted share units and 16,072 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.

SEC source: 0001127602-19-011247 · form4.xml · nonDerivative · entry 1

KURLAND STANFORD L · CIK 0001181595 · Director · Executive Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 705,164

F1 · shares: Represents shares withheld for taxes upon vesting of restricted share units.

F2 · balance_after: The reported amount consists of 52,128 restricted share units and 653,036 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.

SEC source: 0001127602-19-011239 · form4.xml · nonDerivative · entry 1

Fartaj Vandad · CIK 0001486360 · Chief Investment Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 90,055

F1 · shares: Represents shares withheld for taxes upon vesting of restricted share units.

F2 · balance_after: The reported amount consists of 15,423 restricted share units and 74,632 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.

SEC source: 0001127602-19-011236 · form4.xml · nonDerivative · entry 1

Chang Andrew S · CIK 0001468932 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 81,668

F1 · shares: Represents shares withheld for taxes upon vesting of restricted share units.

F2 · balance_after: The reported amount consists of 11,934 restricted share units and 69,734 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.

SEC source: 0001127602-19-011254 · form4.xml · nonDerivative · entry 1

Walker David M · CIK 0001468934 · Chief Risk Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 70,458

F1 · shares: Represents shares withheld for taxes upon vesting of restricted share units.

F2 · balance_after: The reported amount consists of 5,164 restricted share units and 65,294 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.

SEC source: 0001127602-19-011252 · form4.xml · nonDerivative · entry 1

SPECTOR DAVID · CIK 0001275713 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 169,719

F1 · shares: Represents shares withheld for taxes upon vesting of restricted share units.

F2 · balance_after: The reported amount consists of 35,708 restricted share units and 134,011 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.

SEC source: 0001127602-19-011250 · form4.xml · nonDerivative · entry 1

MCCALLION ANNE · CIK 0001232611 · Chief Enterpirse Ops Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 133,747

F1 · shares: Represents shares withheld for taxes upon vesting of restricted share units.

F2 · balance_after: The reported amount consists of 4,663 restricted share units and 129,084 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.

SEC source: 0001127602-19-011245 · form4.xml · nonDerivative · entry 1

Jones Doug · CIK 0001544302 · Chf Mortgage Banking Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 65,101

F1 · shares: Represents shares withheld for taxes upon vesting of restricted share units.

F2 · balance_after: The reported amount consists of 11,934 restricted share units and 53,167 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.

SEC source: 0001127602-19-008731 · form4.xml · nonDerivative · entry 3

KURLAND STANFORD L · CIK 0001181595 · Director · Executive Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 709,191

F1 · shares: Represents shares withheld for taxes upon vesting of restricted share units.

F4 · balance_after: The reported amount consists of 61,418 restricted share units and 647,773 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.

SEC source: 0001127602-19-008731 · form4.xml · nonDerivative · entry 2

KURLAND STANFORD L · CIK 0001181595 · Director · Executive Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 714,906

F1 · shares: Represents shares withheld for taxes upon vesting of restricted share units.

F3 · balance_after: The reported amount consists of 77,976 restricted share units and 636,930 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.

SEC source: 0001127602-19-008731 · form4.xml · nonDerivative · entry 1

KURLAND STANFORD L · CIK 0001181595 · Director · Executive Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 721,692

F1 · shares: Represents shares withheld for taxes upon vesting of restricted share units.

F2 · balance_after: The reported amount consists of 97,637 restricted share units and 624,055 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.

SEC source: 0001127602-19-008721 · form4.xml · nonDerivative · entry 3

Fartaj Vandad · CIK 0001486360 · Chief Capital Markets Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 90,791

F1 · shares: Represents shares withheld for taxes upon vesting of restricted share units.

F4 · balance_after: The reported amount consists of 17,550 restricted share units and 73,241 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.

SEC source: 0001127602-19-008721 · form4.xml · nonDerivative · entry 2

Fartaj Vandad · CIK 0001486360 · Chief Capital Markets Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 91,856

F1 · shares: Represents shares withheld for taxes upon vesting of restricted share units.

F3 · balance_after: The reported amount consists of 20,627 restricted share units and 71,229 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.

SEC source: 0001127602-19-008721 · form4.xml · nonDerivative · entry 1

Fartaj Vandad · CIK 0001486360 · Chief Capital Markets Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 93,099

F1 · shares: Represents shares withheld for taxes upon vesting of restricted share units.

F2 · balance_after: The reported amount consists of 24,281 restricted share units and 68,818 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.

SEC source: 0001127602-19-008749 · form4.xml · nonDerivative · entry 3

Walker David M · CIK 0001468934 · Chief Risk Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 71,007

F1 · shares: Represents shares withheld for taxes upon vesting of restricted share units.

F4 · balance_after: The reported amount consists of 6,865 restricted share units and 64,142 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.

SEC source: 0001127602-19-008749 · form4.xml · nonDerivative · entry 2

Walker David M · CIK 0001468934 · Chief Risk Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 72,059

F1 · shares: Represents shares withheld for taxes upon vesting of restricted share units.

F3 · balance_after: The reported amount consists of 9,942 restricted share units and 62,117 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.

SEC source: 0001127602-19-008749 · form4.xml · nonDerivative · entry 1

Walker David M · CIK 0001468934 · Chief Risk Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 73,411

F1 · shares: Represents shares withheld for taxes upon vesting of restricted share units.

F2 · balance_after: The reported amount consists of 13,596 restricted share units and 59,815 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.

SEC source: 0001127602-19-008751 · form4.xml · nonDerivative · entry 2

Hendry Gregory L · CIK 0001486334 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,796

F1 · shares: Represents shares withheld for taxes upon vesting of restricted share units.

SEC source: 0001127602-19-008751 · form4.xml · nonDerivative · entry 1

Hendry Gregory L · CIK 0001486334 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,219

F1 · shares: Represents shares withheld for taxes upon vesting of restricted share units.

F2 · balance_after: The reported amount consists of 1,033 restricted share units and 11,186 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.

SEC source: 0001127602-19-008744 · form4.xml · nonDerivative · entry 3

MCCALLION ANNE · CIK 0001232611 · Chief Enterpirse Ops Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 134,336

F1 · shares: Represents shares withheld for taxes upon vesting of restricted share units.

F3 · balance_after: The reported amount consists of 4,604 restricted share units and 129,732 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.

SEC source: 0001127602-19-008744 · form4.xml · nonDerivative · entry 2

MCCALLION ANNE · CIK 0001232611 · Chief Enterpirse Ops Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 135,641

F1 · shares: Represents shares withheld for taxes upon vesting of restricted share units.

SEC source: 0001127602-19-008744 · form4.xml · nonDerivative · entry 1

MCCALLION ANNE · CIK 0001232611 · Chief Enterpirse Ops Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 137,272

F1 · shares: Represents shares withheld for taxes upon vesting of restricted share units.

F2 · balance_after: The reported amount consists of 13,388 restricted share units and 123,884 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.

SEC source: 0001127602-19-008719 · form4.xml · nonDerivative · entry 3

Chang Andrew S · CIK 0001468932 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 82,404

F1 · shares: Represents shares withheld for taxes upon vesting of restricted share units.

F4 · balance_after: The reported amount consists of 14,061 restricted share units and 68,343 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.

SEC source: 0001127602-19-008719 · form4.xml · nonDerivative · entry 2

Chang Andrew S · CIK 0001468932 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 83,460

F1 · shares: Represents shares withheld for taxes upon vesting of restricted share units.

F3 · balance_after: The reported amount consists of 17,138 restricted share units and 66,322 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.

SEC source: 0001127602-19-008719 · form4.xml · nonDerivative · entry 1

Chang Andrew S · CIK 0001468932 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 84,777

F1 · shares: Represents shares withheld for taxes upon vesting of restricted share units.

F2 · balance_after: The reported amount consists of 20,792 restricted share units and 63,985 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.

SEC source: 0001127602-19-008738 · form4.xml · nonDerivative · entry 3

SPECTOR DAVID · CIK 0001275713 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 172,875

F1 · shares: Represents shares withheld for taxes upon vesting of restricted share units.

F4 · balance_after: The reported amount consists of 42,072 restricted share units and 130,803 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.

SEC source: 0001127602-19-008738 · form4.xml · nonDerivative · entry 2

SPECTOR DAVID · CIK 0001275713 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 176,801

F1 · shares: Represents shares withheld for taxes upon vesting of restricted share units.

F3 · balance_after: The reported amount consists of 53,423 restricted share units and 123,378 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.

SEC source: 0001127602-19-008738 · form4.xml · nonDerivative · entry 1

SPECTOR DAVID · CIK 0001275713 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 181,462

F1 · shares: Represents shares withheld for taxes upon vesting of restricted share units.

F2 · balance_after: The reported amount consists of 66,900 restricted share units and 114,562 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.

SEC source: 0001127602-19-008727 · form4.xml · nonDerivative · entry 3

Jones Doug · CIK 0001544302 · Chf Mortgage Banking Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 65,837

F1 · shares: Represents shares withheld for taxes upon vesting of restricted share units.

F4 · balance_after: The reported amount consists of 14,061 restricted share units and 51,776 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.

SEC source: 0001127602-19-008727 · form4.xml · nonDerivative · entry 2

Jones Doug · CIK 0001544302 · Chf Mortgage Banking Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 66,902

F1 · shares: Represents shares withheld for taxes upon vesting of restricted share units.

F3 · balance_after: The reported amount consists of 17,138 restricted share units and 49,764 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.

SEC source: 0001127602-19-008727 · form4.xml · nonDerivative · entry 1

Jones Doug · CIK 0001544302 · Chf Mortgage Banking Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 68,140

F1 · shares: Represents shares withheld for taxes upon vesting of restricted share units.

F2 · balance_after: The reported amount consists of 20,792 restricted share units and 47,348 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.

SEC source: 0001127602-19-005957 · form4.xml · nonDerivative · entry 1

WILLEY FRANK P · CIK 0000936815 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 80,533

F1 · shares: The Reporting Person was granted 4,481 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 common shares of beneficial interest upon vesting.

F2 · balance_after: The reported amount consists of 15,194 restricted share units and 65,339 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.

SEC source: 0001127602-19-005968 · form4.xml · nonDerivative · entry 1

Sullivan Marianne · CIK 0001717888 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,487

F1 · shares: The Reporting Person was granted 4,481 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 common shares of beneficial interest upon vesting.

F2 · balance_after: The reported amount consists of 10,797 restricted share units and 690 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.

SEC source: 0001127602-19-005978 · form4.xml · nonDerivative · entry 1

KURLAND STANFORD L · CIK 0001181595 · Director · Executive Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 725,046

F1 · shares: The Reporting Person was granted 23,935 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.

F2 · balance_after: The reported amount consists of 107,250 restricted share units and 617,796 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.