BROWN THOMAS C 4
4 · REDWOOD TRUST INC · Filed May 19, 2010
Insider Transaction Report
Form 4
BROWN THOMAS C
Director
Transactions
- Award
Stock Units in Deferred Compensation Plan
2010-05-18+3,976.14→ 3,976.14 totalExercise: $15.09→ Common Stock (3,976.14 underlying)
Footnotes (4)
- [F1]Represents fair market value of RWT common stock on transaction date for purposes of the Executive Deferred Compensation Plan.
- [F2]100% vested at grant.
- [F3]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 May 1, 2014.
- [F4]No expiration date is applicable to deferred stock units.