REDWOOD TRUST INC — Director's Dealing 2011

Oct 3, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: REDWOOD TRUST INC (RWT)
CIK: 0000930236
Period of Report: 2011-10-01

Reporting Person: KUBICEK GREG H (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-10-01	Deferred Stock Units	$11.17	A	2461.95	Acquired		Preferred Stock (2461.95)	Direct

Footnotes

F1: 100% vested at grant.

F2: No expiration date is applicable to Deferred Stock Units.