Christopher J. Abate - Dec 14, 2023 Form 4 Insider Report for REDWOOD TRUST INC (RWT)

Role: Chief Executive Officer, Director
Signature: Attorney-In-Fact:/s/Andrew P. Stone
Stock symbol: RWT
Transactions as of: Dec 14, 2023
Transactions value $: $0
Form type: 4
Date filed: 12/15/2023, 04:41 PM
Previous filing: Dec 20, 2022
Next filing: Dec 21, 2023
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	+118K		$0.00	118K	Dec 14, 2023	Common Stock	118K	$7.79	Direct	F1, F2, F3, F4

Showing 1 to 1 of 1 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction relates to the grant of Deferred Stock Units.
F2	Represents grant date fair value of the DSUs issued, based on the fair market value of RWT common stock on the transaction date under the 2014 Incentive Award Plan.
F3	25% vests 1/31/2025, 6.25% every quarter thereafter (beginning with 4/1/2025). Fully vested 12/14/2027
F4	No expiration date is applicable to deferred stock units.