ZAGUNIS HAROLD F 4

4 · REDWOOD TRUST INC · Filed May 3, 2011

Form 4

Period: 2010-05-02

Managing Director

Transactions

Exercise/Conversion
Common Stock
[F1]
2011-05-02+20,740→ 33,426.17 total
Tax Payment
Deferred Stock Units
[F2][F3][F1][F4][F5][F6]
2010-05-02−10,238→ 20,740 total
Exercise: $15.83→ Common Stock (10,238 underlying)
Exercise/Conversion
Deferred Stock Units
[F2][F1][F4][F5][F6]
2011-05-02−20,740→ 0 total
Exercise: $15.83→ Common Stock (20,740 underlying)

Footnotes (6)

[F1]This acquisition or disposition transaction relates to the distribution and/or conversion of Deferred Stock Units in the Executive Deferred Compensation Plan.
[F2]Represents fair value of the distribution and/or conversion of Deferred Stock Units, based on the fair market value RWT common stock on transaction date under the 2002 Incentive Plan.
[F3]This disposition transaction represents a Compensation Committee approved withholding of securities incident to the payment of tax liability relating to the distribution and/or conversion of Deferred Stock Units in the Executive Deferred Compensation Plan.
[F4]Shares are subject to a mandatory holding period and will be delivered to the Participant at the time provided in the Deferral Election Form, according to the terms and conditions of the Executive Deferred Compensation Plan.
[F5]No expiration date is applicable to Deferred Stock Units.
[F6]Following these reported transactions, no other Deferred Stock Units with the same original grant date are beneficially owned.

Signature

Harold F. Zagunis|2011-05-03

Documents

1 file