COCHRANE COLLIN L. 4
4 · REDWOOD TRUST INC · Filed Dec 16, 2021
Insider Transaction Report
Form 4
COCHRANE COLLIN LEE
Controller, Managing Director
Transactions
- Award
Deferred Stock Units
2021-12-14+58,801→ 58,801 totalExercise: $13.18→ Common Stock (58,801 underlying)
Footnotes (4)
- [F1]This transaction relates to the grant of Deferred Stock Units.
- [F2]Represents grant date fair value of the DSUs issued, based on the fair market value of RWT common stock on the transaction date under the 2014 Incentive Award Plan.
- [F3]25% vests 1/31/2023, 6.25% every quarter thereafter (beginning with 4/1/2023). Fully vested 12/13/2025.
- [F4]No expiration date is applicable to deferred stock units.