SEC Form 4/A · accession 0001144204-15-043469
REDWOOD TRUST INC · RWT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Martin S Hughes
Officer — Chief Executive Officer · Director
Period of report
May 1, 2015
Accepted (ET)
Jul 21, 2015 · 5:09 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000930236
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF1,F2,F3,F4 | $11.20 | May 1, 2015 | M | 195,628 | D | — | — | Common Stock | 195,628 | 184,601 | D |
| Deferred Stock UnitsF1,F6,F2,F3,F4 | $11.20 | May 1, 2015 | F | 184,601 | D | — | — | Common Stock | 184,601 | 0 | D |
Explanation of responses
- F1This transaction relates to the distribution and/or conversion of Deferred Stock Units, including Performance Stock Units, to common stock under the Executive Deferred Compensation Plan.
- F2Represents fair value per stock unit of Deferred Stock Units, including Performance Stock Units, based on the weighted average of the original grant date fair market values.
- F3Deferred Stock Units, including Performance 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.
- F4No expiration date is applicable to Deferred Stock Units or Performance Stock Units.
- F5This 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 Deferred Stock Units, including Performance Stock Units, under the Executive Deferred Compensation Plan.
- F6Following these reported transactions, no other Deferred Stock Units, including Performance Stock Units, with the same original grant date are beneficially owned.
Remarks
This Form 4/A amends the Form 4 filing filed on May 5, 2015 (the "Original Form 4") to reflect the disposition of 195,628 and 184,600.88 deferred stock units which were erroneously reported as acquisitions in Column 5 in the Original Form 4.