RICHARD BAUM - 27 Aug 2021 Form 4 Insider Report for REDWOOD TRUST INC (RWT)

Role
Director
Signature
Attorney-In-Fact: /s/ Andrew P. Stone
Issuer symbol
RWT
Transactions as of
27 Aug 2021
Net transactions value
$0
Form type
4
Filing time
31 Aug 2021, 09:06:38 UTC
Previous filing
25 May 2021
Next filing
18 May 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RWT Deferred Stock Units Award $0 +1,203 $0.000000 1,203 27 Aug 2021 Common Stock 1,203 $12.46 Direct F1, F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents fair market value RWT common stock on the grant date under the 2014 Incentive Award Plan.
F2 This transaction relates to the grant of Deferred Stock Units as part of annual equity-based compensation for service on the Board of Directors.
F3 100% vested at grant.
F4 Shares are subject to a minimum mandatory holding period and will be delivered to the Participant at the time provided in the Deferral Election but no sooner than May 26, 2025.
F5 No expiration date is applicable to deferred stock units.