REDWOOD TRUST INC 4
4 · REDWOOD TRUST INC · Filed May 17, 2016
Insider Transaction Report
Form 4
Pallotta Karen R
Director
Transactions
- Award
Deferred Stock Units
2016-05-16+6,310→ 6,310 totalExercise: $13.47→ Common Stock (6,310 underlying)
Footnotes (5)
- [F1]Represents fair market value RWT common stock on transaction 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 May 15, 2019.
- [F5]No expiration date is applicable to deferred stock units.