Brooke Carillo - 31 May 2021 Form 4 Insider Report for REDWOOD TRUST INC (RWT)

Role
Chief Financial Officer
Signature
Attorney-In-Fact: /s/ Andrew P. Stone
Issuer symbol
RWT
Transactions as of
31 May 2021
Net transactions value
$0
Form type
4
Filing time
02 Jun 2021, 17:06:05 UTC
Next filing
12 Aug 2021
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 +44,923 $0.000000 44,923 31 May 2021 Common Stock 44,923 $11.13 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 approved by the Compensation Committee of the Board of Directors to Ms. Carillo upon her commencement of employment with Redwood in the role of Chief Financial Officer on May 31, 2021.
F2 Represents fair market value RWT common stock on the grant date under the 2014 Incentive Award Plan.
F3 This award of deferred stock units will vest in full on May 30, 2022 and will be delivered to Ms. Carillo within 30 days of the vest date.
F4 No expiration date is applicable to deferred stock units.