Stern Shoshone (Bo) 4
4 · REDWOOD TRUST INC · Filed Dec 13, 2019
Insider Transaction Report
Form 4
Stern Shoshone (Bo)
Chief Investment Officer
Transactions
- Award
Deferred Stock Units
2019-12-12+27,272→ 27,272 totalExercise: $16.50→ Common Stock (27,272 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 1/31/2021, 6.25% every quarter thereafter (beginning with 4/1/2021). Fully vested 12/11/2023.
- [F4]No expiration date is applicable to deferred stock units.