DOUGLAS B. HANSEN - 12 Jun 2023 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
12 Jun 2023
Net transactions value
+$79,364
Form type
4
Filing time
13 Jun 2023, 16:43:10 UTC
Previous filing
09 Jun 2023
Next filing
18 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RWT Common Stock Options Exercise $79,364 +12,459 +3.5% $6.37 372,935 12 Jun 2023 by Trust F1, F2
holding RWT Common Stock 3,000 12 Jun 2023 by IRA

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 Options Exercise $0 -12,459 -100% $0.000000* 0 12 Jun 2023 Common Stock 12,459 $6.18 Direct F1, F3, F4, F5
* 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 distribution and/or conversion of Deferred Stock Units to common stock under the Executive Deferred Compensation Plan.
F2 Represents the value (per stock unit or share of common stock) of the distribution and/or conversion of Deferred Stock Units, including to common stock under the Executive Deferred Compensation Plan, based on the fair market value of Redwood Trust, Inc. common stock on the transaction date.
F3 Represents fair value of Deferred Stock Units, based on the original grant date fair market value.
F4 Deferred Stock Units are subject to a mandatory holding period and will be delivered to the Participant at the time provided in a related Deferral Election Form, according to the terms and conditions of the Executive Deferred Compensation Plan.
F5 No expiration date is applicable to deferred stock units.