0001104659-19-075171.txt : 20191220 0001104659-19-075171.hdr.sgml : 20191220 20191220181433 ACCESSION NUMBER: 0001104659-19-075171 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20191220 FILED AS OF DATE: 20191220 DATE AS OF CHANGE: 20191220 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Stone Andrew P CENTRAL INDEX KEY: 0001487805 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13759 FILM NUMBER: 191303019 MAIL ADDRESS: STREET 1: 1 BELVEDERE PLACE, STE. 300 CITY: MILL VALLEY STATE: CA ZIP: 94941 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: REDWOOD TRUST INC CENTRAL INDEX KEY: 0000930236 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 680329422 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: ONE BELVEDERE PLACE STREET 2: SUITE 300 CITY: MILL VALLEY STATE: CA ZIP: 94941 BUSINESS PHONE: (415) 380-2317 MAIL ADDRESS: STREET 1: ONE BELVEDERE PLACE STREET 2: SUITE 300 CITY: MILL VALLEY STATE: CA ZIP: 94941 4 1 tm19263763_form4.xml FORM 4 X0306 4 2019-12-20 0 0000930236 REDWOOD TRUST INC RWT 0001487805 Stone Andrew P 1 BELVEDERE PLACE, STE. 300 MILL VALLEY CA 94941 0 1 0 0 General Counsel Common Stock 2019-12-20 4 M 0 29114 16.64 A 99176 D Common Stock 2019-12-20 4 S 0 15000 16.62 D 84176 D Performance Stock Units 13.24 2019-12-20 4 M 0 16385 0 D Common Stock 16385 18219 D Performance Stock Units 13.24 2019-12-20 4 F 0 18219 0 D Common Stock 18219 0 D Deferred Stock Units 13.02 2019-12-20 4 M 0 12729 0 D Common Stock 12728 14152 D Deferred Stock Units 13.02 2019-12-20 4 F 0 14152 0 D Common Stock 14152 0 D This transaction relates to the distribution and/or conversion of Performance Stock Units and Deferred 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 and Deferred 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 earlier in 2019. This transaction was executed in multiple trades with prices ranging from $16.55 to $16.68, 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 or Deferred 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 and Deferred 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 and Deferred 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 and/or Deferred Stock Units under the Executive Deferred Compensation Plan. Following these reported transactions, no other Performance Stock Units and/or Deferred Stock Units with the same original grant date are beneficially owned. /s/ Andrew P. Stone 2019-12-20