MADISON GEORGE W 4
4 · REDWOOD TRUST INC · Filed Jul 2, 2020
Insider Transaction Report
Form 4
MADISON GEORGE W
Director
Transactions
- Award
Deferred Stock Units
2020-07-01+9,932→ 9,932 totalExercise: $6.86→ Common Stock (9,932 underlying)
Footnotes (5)
- [F1]Represents grant date fair value of the DSUs issued, based on the fair market value of RWT common stock on the transaction 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 July 3, 2023.
- [F5]No expiration date is applicable to deferred stock units.