Company: RWT-PA
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0000930236-25-000012
Chunk: 85

Company: REDWOOD TRUST INC
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 85
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251 |     |                      |           |     | $ | 11,250 |     |                 |           |     | $ | 2,467,489 |     |       |           |
|                                                                          |     | 2022 |     |      |         |     | $ | 425,000 |     |        |         |     | — |     |       |           |     | $ | 1,249,990 |     |           |           |     | $ |   322,396 |     |                      |           |     | $ | 10,250 |     |                 |           |     | $ | 2,007,636 |     |       |           |

(1) These amounts represent the grant date fair value of stock units awarded as determined in accordance with FASB Accounting Standards Codification Topic 718.

In 2024, Redwood’s NEOs received the following stock unit awards:

- Each of Mr. Abate, Mr. Robinson, Ms. Carillo, Mr. Stone and Ms. Macomber received an annual grant of deferred stock units, cash-settled restricted stock units and performance stock units on December 19, 2024. These deferred stock units, cash-settled restricted stock units, and performance stock units were granted with the grant date fair values of $6.64, $6.64 and $7.5025 per unit, respectively. The maximum potential value of the 2024 performance stock units granted to Mr. Abate, Mr. Robinson, Ms. Carillo, Mr. Stone, and Ms. Macomber on December 19, 2024 (assuming the maximum number of units vest and calculated based on the closing price of Redwood's common stock on the NYSE on the grant date) are $5,293,624, $3,982,672, $3,872,033, $1,659,436 and $1,659,436 respectively, assuming Redwood achieves the maximum performance goals during the performance period and that there is no adjustment to the target number of units to reflect the value of any dividends paid on Redwood common stock during the vesting period.

For additional details regarding these awards, see the following “Grants of Plan-Based Awards” table.

(2) These amounts include annual performance-based bonuses paid in cash for each year indicated with respect to performance during such year (but paid early in the following year). With respect to 2024, these amounts