Id | Content |
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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. |