BAUM RICHARD 4
4 · REDWOOD TRUST INC · Filed Aug 31, 2021
Insider Transaction Report
Form 4
BAUM RICHARD
Director
Transactions
- Award
Deferred Stock Units
2021-08-27+1,203→ 1,203 totalExercise: $12.46→ Common Stock (1,203 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 as part of annual equity-based compensation for service on the Board of Directors.
- [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 May 26, 2025.
- [F5]No expiration date is applicable to deferred stock units.