BAUM RICHARD 4
4 · REDWOOD TRUST INC · Filed Jun 12, 2020
Insider Transaction Report
Form 4
BAUM RICHARD
Director
Transactions
- Award
Deferred Stock Units
2020-06-11+12,459→ 12,459 totalExercise: $6.18→ Common Stock (12,459 underlying)
Footnotes (5)
- [F1]Represents fair market value RWT common stock on the grant 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 June 12, 2023.
- [F5]No expiration date is applicable to deferred stock units.