4//SEC Filing
REDWOOD TRUST INC 4
Accession 0001144204-16-098704
$RWTCIK 0000930236operating
Filed
May 2, 8:00 PM ET
Accepted
May 3, 5:29 PM ET
Size
13.4 KB
Accession
0001144204-16-098704
Insider Transaction Report
Form 4
Matera Fred
Managing Director
Transactions
- Exercise/Conversion
Common Stock
2016-05-02$12.96/sh+12,468$161,585→ 84,455 total - Exercise/Conversion
Deferred Stock Units
2016-05-02−21,690→ 24,422 totalExercise: $13.85→ Common Stock (21,690 underlying) - Tax Payment
Deferred Stock Units
2016-05-02−24,422→ 0 totalExercise: $13.85→ Common Stock (24,422 underlying) - Sale
Common Stock
2016-05-02$12.79/sh−1,844$23,585→ 82,611 total
Footnotes (10)
- [F1]This transaction relates to the distribution and/or conversion of Deferred Stock Units to common stock under the Executive Deferred Compensation Plan.
- [F10]Following these reported transactions, no other Deferred Stock Units with the same original grant date are beneficially owned.
- [F2]Represents the value (per stock unit or share of common stock) of the distribution and/or conversion of Deferred Stock Units to common stock under the Executive Deferred Compensation Plan, based on the fair market value of Redwood Trust, Inc. common stock on the transaction date.
- [F3]Amount shown is after giving effect to transfer on May 2, 2016 of 9,222 shares of common stock of Redwood Trust, Inc. pursuant to a domestic relations order. As a result of this transfer, the reporting person no longer reports those transferred securities as beneficially owned.
- [F4]Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person in 2015.
- [F5]This transaction was executed in multiple trades with prices ranging from $12.67 to $12.98, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- [F6]Represents fair value per stock unit of Deferred Stock Units based on the weighted average of the original grant date fair market values.
- [F7]Deferred Stock Units, including Performance Stock Units, were subject to a mandatory holding period and conversion and/or distribution to the Reporting Person is at the time provided in the applicable deferral election form, in accordance with the terms and conditions of the Executive Deferred Compensation Plan.
- [F8]No expiration date is applicable to Deferred Stock Units.
- [F9]This disposition transaction represents a Compensation Committee approved withholding of securities incident to the payment of income tax liability relating to the distribution and/or conversion of Deferred Stock Units under the Executive Deferred Compensation Plan.
Documents
Issuer
REDWOOD TRUST INC
CIK 0000930236
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0000930236
Filing Metadata
- Form type
- 4
- Filed
- May 2, 8:00 PM ET
- Accepted
- May 3, 5:29 PM ET
- Size
- 13.4 KB