Dashiell I. Robinson - 14 Dec 2023 Form 4 Insider Report for REDWOOD TRUST INC (RWT)

Role
President, Director
Signature
Attorney-In-Fact:/s/Andrew P. Stone
Issuer symbol
RWT
Transactions as of
14 Dec 2023
Transactions value $
$0
Form type
4
Filing time
15 Dec 2023, 16:44:46 UTC
Previous filing
20 Dec 2022
Next filing
21 Dec 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 +112K $0.00 112K 14 Dec 2023 Common Stock 112K $7.79 Direct F1, F2, F3, F4
* 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.