BROWN THOMAS C 4
4 · REDWOOD TRUST INC · Filed May 18, 2011
Insider Transaction Report
Form 4
BROWN THOMAS C
Director
Transactions
- Award
Deferred Stock Units
[F1][F2][F3][F4]2011-05-17+4,937→ 4,937 totalExercise: $15.19→ Common Stock (4,937 underlying)
Footnotes (4)
- [F1]Represents fair market value RWT common stock on transaction date under the 2002 Incentive 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, 2015.
- [F4]No expiration date is applicable to Deferred Stock Units.
Signature
Attorney-In-Fact: Andrew P. Stone|2011-05-18