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Filing Details

Accession Number:
0001144204-18-065467
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-12-19 18:57:54
Reporting Period:
2018-12-19
Accepted Time:
2018-12-19 18:57:54
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
930236 Redwood Trust Inc RWT Real Estate Investment Trusts (6798) 680329422
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1487805 P Andrew Stone One Belvedere Place, Suite 300
Mill Valley CA 94941
General Counsel No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2018-12-19 37,047 $15.21 85,062 No 4 M Direct
Common Stock Disposition 2018-12-19 15,000 $15.25 70,062 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance Stock Units Disposition 2018-12-19 28,707 $0.00 28,707 $9.46
Common Stock Performance Stock Units Disposition 2018-12-19 31,920 $0.00 31,920 $9.46
Common Stock Deferred Stock Units Disposition 2018-12-19 8,340 $0.00 8,340 $19.87
Common Stock Deferred Stock Units Disposition 2018-12-19 9,274 $0.00 9,274 $19.87
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
31,920 No 4 M Direct
0 No 4 F Direct
9,274 No 4 M Direct
0 No 4 F Direct
Footnotes
  1. This transaction relates to the distribution and/or conversion of Performance Stock Units and Deferred Stock Units to common stock under the Executive Deferred Compensation Plan.
  2. Represents the value (per stock unit or share of common stock) of the distribution and/or conversion of Performance Stock Units and Deferred 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.
  3. Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person earlier in 2018.
  4. This transaction was executed in multiple trades with prices ranging from $15.10 to $15.40, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
  5. Represents fair value per stock unit of Performance Stock Units or Deferred Stock Units, based on the original grant date fair value determined at such time in accordance with FASB Accounting Standards Codification Topic 718.
  6. Performance Stock Units and Deferred Stock Units were subject to a mandatory holding period and conversion and/or distribution to the Reporting Person is at the time provided in the applicable deferral election form, in accordance with the terms and conditions of the Executive Deferred Compensation Plan.
  7. No expiration date is applicable to Performance Stock Units and Deferred Stock Units.
  8. 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 and/or Deferred Stock Units under the Executive Deferred Compensation Plan.
  9. Following these reported transactions, no other Performance Stock Units and/or Deferred Stock Units with the same original grant date are beneficially owned.