Hughes Martin S 4
4 · REDWOOD TRUST INC · Filed Feb 28, 2012
Insider Transaction Report
Form 4
Hughes Martin S
President/CFO
Transactions
- Award
Deferred Stock Units
2012-02-28+1,291.67→ 1,291.67 totalExercise: $12.00→ Common Stock (1,291.67 underlying)
Footnotes (3)
- [F1]Mr. Hughes received $15,500 of his 2011 annual bonus in the form of immediately vested deferred stock units instead of cash.
- [F2]Shares are subject to a three-year mandatory holding period and will be delivered to the Participant at the time provided in the Deferral Election but no sooner than May 1, 2015.
- [F3]No expiration date is applicable to deferred stock units.