SEC Form 4 · accession 0001144204-17-050704
REDWOOD TRUST INC · RWT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dashiell I Robinson
Officer — Executive Vice-President
Period of report
Sep 28, 2017
Accepted (ET)
Sep 29, 2017 · 4:30 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 | $16.33 | Sep 28, 2017 | A | 61,237 | A | — | — | Common Stock | 61,237 | 61,237 | D |
Explanation of responses
- F1This transaction relates to the grant of deferred stock units approved by the Compensation Committee of the Board of Directors to Mr. Robinson upon his commencement of employment with Redwood in the role of Executive Vice-President on September 28, 2017.
- F2Represents fair market value RWT common stock on transaction date under the 2014 Incentive Award Plan.
- F3This award of deferred stock units is fully vested at grant and subject to a one-year mandatory holding period.
- F4No expiration date is applicable to deferred stock units.