Filing Details

Accession Number:
0001144204-14-027352
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-05-02 20:03:31
Reporting Period:
2014-05-01
Filing Date:
2014-05-02
Accepted Time:
2014-05-02 20:03:31
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
930236 Redwood Trust Inc RWT Real Estate Investment Trusts (6798) 680329422
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1024553 S Martin Hughes One Belvedere Place
Suite 300
Mill Valley CA 94941
Chief Executive Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-05-01 116,994 $21.80 352,743 No 4 M Direct
Common Stock Disposition 2014-05-01 17,144 $21.45 335,599 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Deferred Stock Units Disposition 2014-05-01 116,994 $0.00 116,994 $14.28
Common Stock Deferred Stock Units Disposition 2014-05-01 95,454 $0.00 95,454 $14.28
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
95,454 No 4 M Direct
0 No 4 F Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 5,000 Indirect By Spouse
Footnotes
  1. This 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.
  2. Represents the value (per stock unit or share of common stock) of the distribution and/or conversion of Deferred Stock Units, including 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.
  3. Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person in 2013. All proceeds of this transaction are being remitted by the Reporting Person and/or Redwood Trust, Inc. to Federal and/or State income tax agencies as additional income tax withholdings and/or estimated income tax payments.
  4. This transaction was executed in multiple trades with prices ranging from $21.31 to $21.73, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
  5. Represents fair value of Deferred Stock Units, including Performance Stock Units, based on the weighted average of the original grant date fair market values.
  6. Deferred 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.
  7. No expiration date is applicable to Deferred Stock Units or Performance Stock Units.
  8. This 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.
  9. Following these reported transactions, no other Deferred Stock Units, including Performance Stock Units, with the same original grant date are beneficially owned.