Stone Andrew P's Form 4 filing

Redwood Trust Inc (RWT) · filed Dec 20, 2021

Accession no.: 0001487805-21-000006
Filed: Dec 20, 2021
Trade date: Dec 20, 2021
Filing delay: Same day
Rule 10b5-1 plan: Not on the form (before 2023)

Original on SEC EDGAR (opens in a new tab)

This filing lists 2 non-derivative transactions and 2 derivative transactions. Open-market sales total $121.2K. It was filed on the trade date.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
Owner	Relationship to the company
Stone Andrew PCIK 0001487805	Officer (Chief Legal Officer)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade date	Security	Transaction	Shares	Price	Value	Shares after	Ownership	Flags
Dec 20, 2021	Common Stock	MOption exerciseAcquired	+13,248	$12.83^F2	+$169,971.84	109,856	Direct
Dec 20, 2021	Common Stock	SSaleDisposed	−9,936	$12.20^F4	−$121,219.2	99,920	Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade date	Security	Transaction	Underlying shares	Unit price	Value	Held after	Ownership	Flags
Dec 20, 2021	Common Stock	FTax withholdingDisposed	−14,730	$0.00^F1	$0	13,248	Direct
Dec 20, 2021	Common Stock	MOption exerciseDisposed	−13,248	$0.00^F1	$0	0	Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

This transaction relates to the distribution and/or conversion of Deferred Stock Units to common stock under the Executive Deferred Compensation Plan.

Referenced by the price of 2 transactions in Table II.

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.

Referenced by the price of 1 transaction in Table I.

This transaction was executed in multiple trades with prices ranging from $12.01 to $12.63, 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.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)