REDWOOD TRUST INC 4
4 · REDWOOD TRUST INC · Filed Jul 25, 2005
Insider Transaction Report
Form 4
PICARD LOREN R
Vice President
Transactions
- Award
Dividend Equivalent Right
2005-07-21+118→ 1,514.48 totalExercise: $0.00Exp: 2013-12-10→ Common Stock (118 underlying) - Award
Dividend Equivalent Right
2005-07-21+116.84→ 337.54 totalExercise: $0.00Exp: 2014-12-01→ Common Stock (116.84 underlying)
Footnotes (2)
- [F1]Twenty-five percent of the options vest on January 1, 2005. The remaining seventy-five percent of the shares vest in twelve quarterly installments from April 1, 2005 through January 1, 2008.
- [F2]25% of the options vest on 1/1/2006. The remaining options vest quarterly in equal installments, at a rate of 6.25%, on the first day of each quarter beginning on 4/1/06 through 1/1/2009.