Company: RWT-PA
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0000930236-25-000012
Chunk: 104

Company: REDWOOD TRUST INC
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 104
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1,712,323 |     | $ |     |                                | 1,743,533 |     | $ |     |             |  49,326 |     | $ |     |             |  5,505,182 |
| Sasha G. Macomber    |     | $ |     |            | 2,000,000 |     | $ |     |                                                 | — |     | $ |     |                            | 1,712,323 |     | $ |     |                                | 1,743,533 |     | $ |     |             | 147,547 |     | $ |     |             |  5,603,403 |

(1) Excludes actual annual or pro-rated performance-based bonus amounts attributable to service and performance during periods ending immediately prior to “change in control.” The cash severance payments following a “change of control” are capped for Mr. Abate, Mr. Robinson, Ms. Carillo, Mr. Stone and Ms. Macomber at $7.5 million, $5.5 million, $5 million, $2 million and $2 million, respectively.

(2) None of the NEOs had a long-term cash award outstanding at December 31, 2024. The value of acceleration of deferred stock units, cash-settled deferred stock units and cash-settled restricted stock units assumes a “change in control” price of $6.53 per share (the closing price of Redwood’s common stock on the NYSE on December 31, 2024).

(3) The number of performance stock units eligible for accelerated vesting is determined by reference to the attainment of the related performance goals through December 31, 2024, assuming a “change in control” price of $6.53 per share (the closing price of Redwood’s common stock on the NYSE on December 31, 2024). The value of outstanding performance stock units granted in 2021 at a change in control price of $6.53 per share is based on estimated performance-based vesting of 27.5% of target units. The value of outstanding performance stock units granted in 2022, 2023 and 2024 at a change in control price of $6.53 per share is based on estimated performance-based vesting of 100% of target units. Further details regarding the terms of performance stock units awarded in 2024 are provided on pages 66-68