Andrew P. Stone - Dec 14, 2021 Form 4 Insider Report for REDWOOD TRUST INC (RWT)

Role
Chief Legal Officer
Signature
/s/ Andrew P. Stone
Stock symbol
RWT
Transactions as of
Dec 14, 2021
Transactions value $
$0
Form type
4
Date filed
12/16/2021, 04:35 PM
Next filing
Dec 20, 2021

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 +28.5K $0.00 28.5K Dec 14, 2021 Common Stock 28.5K $13.18 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 1/31/2023, 6.25% every quarter thereafter (beginning with 4/1/2023). Fully vested 12/13/2025.
F4 No expiration date is applicable to deferred stock units.