REDWOOD TRUST INC 4
4 · REDWOOD TRUST INC · Filed May 17, 2016
Insider Transaction Report
Form 4
BAUM RICHARD
Director
Transactions
- Exercise/Conversion
Deferred Stock Units
2016-05-16−3,666→ 0 totalExercise: $20.46→ Common Stock (3,666 underlying) - Exercise/Conversion
Common Stock
2016-05-16$13.31/sh+3,666$48,794→ 25,794.14 total - Award
Deferred Stock Units
2016-05-16+6,310→ 6,310 totalExercise: $13.47→ Common Stock (6,310 underlying)
Holdings
- 1,758(indirect: By IRA)
Common Stock
Footnotes (9)
- [F1]This transaction relates to the distribution and/or conversion of Deferred Stock Units to common stock in the Executive Deferred Compensation Plan.
- [F2]Represents the value (per stock unit or share of common stock) of the distribution and/or conversion of Deferred Stock Units, including 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]Represents fair market value RWT common stock on transaction date under the 2014 Incentive Award Plan.
- [F4]This transaction relates to the grant of Deferred Stock Units.
- [F5]100% vested at grant.
- [F6]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 15, 2019.
- [F7]No expiration date is applicable to deferred stock units.
- [F8]Represents fair value of Deferred Stock Units, based on the original grant date fair market value.
- [F9]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 16, 2016.