Form 4 for RWT REDWOOD TRUST INC
Accepted 2023-05-02 00:00:00 ET · period of report 2023-05-01 · accession 0001104659-23-055030 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-05-02 | 2023-05-01 | RWT | Schwartz Faith A | Dir | M - OptEx | $6.28 | +6,756 | 6,756 | New | +$42.4K |
| DM | 2023-05-02 | 2021-06-30+ | RWT | Schwartz Faith A | Dir | M - OptEx | $0.00 | -6,756 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-05-01 | M | A | 6,756 | $6.28 | 6,756 | D | — | — | (F2) Represents the value (per stock unit or share of common stock) of the distribution and/or conversion of Deferred Stock Units, including 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. |
| 2 | Derivative | Deferred Stock Units | 2021-09-30 | M | D | 2,321 | $0.00 | 0 | D | $12.97 · — to — | 2,321 Common Stock | (F1) This transaction relates to the distribution and/or conversion of Deferred Stock Units to common stock under the Executive Deferred Compensation Plan. (F3) Represents fair market value RWT common stock on the grant date under the 2014 Incentive Award Plan. (F4) Deferred Stock Units were subject to a mandatory holding period and are being delivered to the Participant at the time provided in the Deferral Election Form, according to the terms and conditions of the Executive Deferred Compensation Plan. (F5) No expiration date is applicable to deferred stock units. |
| 3 | Derivative | Deferred Stock Units | 2021-06-30 | M | D | 2,265 | $0.00 | 0 | D | $12.00 · — to — | 2,265 Common Stock | (F1) This transaction relates to the distribution and/or conversion of Deferred Stock Units to common stock under the Executive Deferred Compensation Plan. (F3) Represents fair market value RWT common stock on the grant date under the 2014 Incentive Award Plan. (F4) Deferred Stock Units were subject to a mandatory holding period and are being delivered to the Participant at the time provided in the Deferral Election Form, according to the terms and conditions of the Executive Deferred Compensation Plan. (F5) No expiration date is applicable to deferred stock units. |
| 4 | Derivative | Deferred Stock Units | 2021-12-28 | M | D | 2,170 | $0.00 | 0 | D | $13.25 · — to — | 2,170 Common Stock | (F1) This transaction relates to the distribution and/or conversion of Deferred Stock Units to common stock under the Executive Deferred Compensation Plan. (F3) Represents fair market value RWT common stock on the grant date under the 2014 Incentive Award Plan. (F4) Deferred Stock Units were subject to a mandatory holding period and are being delivered to the Participant at the time provided in the Deferral Election Form, according to the terms and conditions of the Executive Deferred Compensation Plan. (F5) No expiration date is applicable to deferred stock units. |