4//SEC Filing
Robinson Dashiell I 4
Accession 0001716998-24-000002
CIK 0000930236other
Filed
Apr 17, 8:00 PM ET
Accepted
Apr 18, 5:00 PM ET
Size
10.3 KB
Accession
0001716998-24-000002
Insider Transaction Report
Form 4
Robinson Dashiell I
DirectorPresident
Transactions
- Exercise/Conversion
Performance Stock Units
2024-04-16−66,153→ 76,879 totalExercise: $10.42→ Common Stock (66,153 underlying) - Tax Payment
Performance Stock Units
2024-04-16−76,879→ 0 totalExercise: $10.42→ Common Stock (76,879 underlying) - Exercise/Conversion
Common Stock
2024-04-16$5.59/sh+66,153$369,795→ 215,211 total
Footnotes (7)
- [F1]This transaction relates to the distribution and/or conversion of Performance 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 Performance Stock Units 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 Performance Stock Units based on the original grant date fair value determined at such time in accordance with FASB Accounting Standards Codification Topic 718.
- [F4]Performance Stock Units were subject to a mandatory holding period and conversion and/or distribution to the Reporting Person within 45 days following April 1, 2024.
- [F5]No expiration date is applicable to performance stock units.
- [F6]This disposition transaction represents a Compensation Committee approved withholding of securities incident to the payment of income tax liability relating to the distribution and/or conversion of Performance Stock Units under the Executive Deferred Compensation Plan.
- [F7]Following these reported transactions, no other Performance Stock Units with the same original grant date are beneficially owned.
Documents
Issuer
REDWOOD TRUST INC
CIK 0000930236
Entity typeother
Related Parties
1- filerCIK 0001716998
Filing Metadata
- Form type
- 4
- Filed
- Apr 17, 8:00 PM ET
- Accepted
- Apr 18, 5:00 PM ET
- Size
- 10.3 KB