Kanouse Garnet W 4
4 · REDWOOD TRUST INC · Filed Mar 1, 2018
Insider Transaction Report
Form 4
Kanouse Garnet W
See Remarks
Transactions
- Award
Deferred Stock Units
2018-03-01+2,217→ 2,217 totalExercise: $14.66→ Common Stock (2,217 underlying)
Footnotes (4)
- [F1]Represents fair market value RWT common stock on transaction date under the 2014 Incentive Award Plan.
- [F2]Represents the portion of 2017 performance-based annual bonus paid in the form of fully vested deferred stock units, instead of cash. Please refer to Item 11 "Executive Compensation" of Form 10-k filed on February 28, 2018 for further details.
- [F3]Shares are subject to a three-year mandatory holding period and will be delivered to the Participant at the time provided in the Deferral Election but no sooner than May 1, 2021.
- [F4]No expiration date is applicable to deferred stock units.