Form 4 for RWT REDWOOD TRUST INC
Accepted 2024-04-18 00:00:00 ET · period of report 2024-04-16 · accession 0001487805-24-000002 · 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 | 2024-04-18 | 2024-04-16 | RWT | Stone Andrew P | CLO | M - OptEx | $5.59 | +27.8K | 149.7K | +23% | +$155.3K |
| D | 2024-04-18 | 2024-04-16 | RWT | Stone Andrew P | CLO | F - Tax | $0.00 | -32.3K | 0 | -100% | $0 |
| D | 2024-04-18 | 2024-04-16 | RWT | Stone Andrew P | CLO | M - OptEx | $0.00 | -27.8K | 32.3K | -46% | $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 | 2024-04-16 | M | A | 27,784 | $5.59 | 149,671 | D | — | — | (F2) Represents the value (per stock unit or share of common stock) of the distribution and/or conversion of Performance 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. |
| 2 | Derivative | Performance Stock Units | 2024-04-16 | F | D | 32,289 | $0.00 | 0 | D | $10.42 · — to — | 32,289 Common Stock | (F7) Following these reported transactions, no other Performance Stock Units with the same original grant date are beneficially owned. (F3) Represents fair value per stock unit of Performance Stock Units based on the original grant date fair value determined at such time in accordance with FASB Accounting Standards Codification Topic 718. (F4) Performance Stock Units were subject to a mandatory holding period and conversion and/or distribution to the Reporting Person within 45 days following April 1, 2024. (F5) No expiration date is applicable to performance stock units. |
| 3 | Derivative | Performance Stock Units | 2024-04-16 | M | D | 27,784 | $0.00 | 32,289 | D | $10.42 · — to — | 27,784 Common Stock | (F3) Represents fair value per stock unit of Performance Stock Units based on the original grant date fair value determined at such time in accordance with FASB Accounting Standards Codification Topic 718. (F4) Performance Stock Units were subject to a mandatory holding period and conversion and/or distribution to the Reporting Person within 45 days following April 1, 2024. (F5) No expiration date is applicable to performance stock units. |