Pero Jeffrey T 4
4 · REDWOOD TRUST INC · Filed May 18, 2022
Insider Transaction Report
Form 4
Pero Jeffrey T
Director
Transactions
- Exercise/Conversion
Deferred Stock Units
2022-05-16−8,852→ 0 totalExercise: $14.54→ Common Stock (8,852 underlying) - Exercise/Conversion
Common Stock
2022-05-16$9.92/sh+8,852$87,812→ 113,439 total
Footnotes (5)
- [F1]This transaction relates to the distribution and/or conversion of Deferred Stock Units to common stock under the Executive Deferred Compensation Plan.
- [F2]Represents the value (per stock unit or share of common stock) of the distribution and/or conversion of Deferred Stock Units, including to common stock under the Executive Deferred Compensation Plan, based on the fair market value of Redwood Trust, Inc. common stock on the transaction date.
- [F3]Represents fair value per stock unit of Deferred Stock Units based on the weighted average of the original grant date fair market values.
- [F4]Deferred Stock Units were subject to a mandatory holding period and are being delivered to the Participant at the time provided in the Deferral Election Form, according to the terms and conditions of the Executive Deferred Compensation Plan.
- [F5]No expiration date is applicable to deferred stock units.