Doneene K. Damon - Nov 2, 2023 Form 4 Insider Report for REDWOOD TRUST INC (RWT)

Role
Director
Signature
Attorney-In-Fact:/s/Andrew P. Stone
Stock symbol
RWT
Transactions as of
Nov 2, 2023
Transactions value $
$0
Form type
4
Date filed
11/3/2023, 04:26 PM
Next filing
Dec 28, 2023

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 +10.4K $0.00 10.4K Nov 2, 2023 Common Stock 10.4K $6.70 Direct F1, F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents fair market value RWT common stock on the grant date under the 2014 Incentive Award Plan.
F2 This transaction relates to the grant of Deferred Stock Units.
F3 100% vested at grant.
F4 Shares are subject to a minimum mandatory holding period and will be delivered to the Participant at the time provided in the Deferral Election but no sooner than November 3, 2026.
F5 No expiration date is applicable to deferred stock units.