Brooke Carillo - 31 Jan 2023 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 Jan 2023
Net transactions value
$0
Form type
4
Filing time
01 Feb 2023, 18:31:42 UTC
Previous filing
16 Dec 2022
Next filing
15 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 +478,468 $0.000000 478,468 31 Jan 2023 Common Stock 478,468 $8.36 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 on January 31, 2023.
F2 Represents fair market value RWT common stock on the grant date under the 2014 Incentive Award Plan.
F3 50% of this award of deferred stock units will vest on January 31, 2025, and the remainder 50% will vest on January 31, 2027. The award will be delivered to Ms. Carillo within 30 days of the January 31, 2027.
F4 No expiration date is applicable to deferred stock units.