REDWOOD TRUST INC — Director's Dealing 2012

Mar 30, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: REDWOOD TRUST INC (RWT)
CIK: 0000930236
Period of Report: 2012-03-30

Reporting Person: Abate Christopher J (Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-30	Deferred Stock Units	$11.26	A	33.73	Acquired		Common Stock (33.73)	Direct

Footnotes

F1: 100% Vested on January 1st, 2013

F2: No expiration date is applicable to deferred stock units.