Filing Details
- Accession Number:
- 0001144204-15-072299
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-12-22 16:34:48
- Reporting Period:
- 2015-12-21
- Filing Date:
- 2015-12-22
- Accepted Time:
- 2015-12-22 16:34:48
- 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 |
|---|---|---|---|---|---|---|---|
| 1233540 | D Brett Nicholas | One Belvedere Place, Suite 300 Mill Valley CA 94941 | President | No | 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 | 2015-12-21 | 7,218 | $13.14 | 394,246 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2015-12-21 | 549 | $13.44 | 393,697 | 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 | Performance Stock Units | Disposition | 2015-12-21 | 7,218 | $0.00 | 7,218 | $12.37 |
| Common Stock | Performance Stock Units | Disposition | 2015-12-21 | 6,509 | $0.00 | 6,509 | $12.37 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 6,509 | No | 4 | M | Direct | ||
| 0 | No | 4 | F | Direct |
Footnotes
- This transaction relates to the distribution and/or conversion of Performance Stock Units to common stock under the Executive Deferred Compensation Plan.
- 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.
- Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person in May 2015. All proceeds of this transaction are being remitted by the Reporting Person to Federal and/or State income tax agencies as additional income tax withholdings and/or estimated income tax payments.
- This transaction was executed in multiple trades with prices ranging from $13.23 to $13.58, 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.
- 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.
- 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.
- No expiration date is applicable to Performance Stock Units.
- 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 Performance Stock Units under the Executive Deferred Compensation Plan.
- Following these reported transactions, no other Performance Stock Units with the same original grant date are beneficially owned.
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