SEC Form 4 · accession 0001144204-16-103191
REDWOOD TRUST INC · RWT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Horvath D Debora
Director
Period of report
May 16, 2016
Accepted (ET)
May 17, 2016 · 8:01 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 UnitsF3,F1,F4,F5 | $13.47 | May 16, 2016 | A | 6,310 | A | — | — | Common Stock | 6,310 | 6,310 | D |
Explanation of responses
- F1Represents fair market value RWT common stock on transaction date under the 2014 Incentive Award Plan.
- F2This transaction relates to the grant of Deferred Stock Units.
- F3100% vested at grant.
- F4Shares are subject to a minimum mandatory holding period and will be delivered to the Participant at the time provided in the Deferral Election but no sooner than May 15, 2019.
- F5No expiration date is applicable to deferred stock units.