Merdian Diane 4
4 · REDWOOD TRUST INC · Filed Apr 5, 2010
Insider Transaction Report
Form 4
Merdian Diane
Director
Transactions
- Award
Stock Units in Deferred Compensation Plan
2010-04-05+32,552.08→ 32,552.08 totalExercise: $15.36→ Common Stock (32,552.08 underlying)
Footnotes (2)
- [F1]Award Shares shall vest over a four year period according to the following schedule; 25% on July 1, 2011 and 6.25% each subsequent quarter. 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 1, 2015.
- [F2]No expiration date is applicable to deferred stock units.