REDWOOD TRUST INC — Director's Dealing 2021

Jul 2, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: REDWOOD TRUST INC (RWT)
CIK: 0000930236
Period of Report: 2021-06-30

Reporting Person: MADISON GEORGE W (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-06-30	Deferred Stock Units	$12.0000	A	2742.96	Acquired		Common Stock (2742.96)	Direct

Footnotes

F1: This transaction relates to the acquisition of Deferred Stock Units in accordance with the deferral election made with respect to director compensation and/or dividend
equivalent rights according to the terms and conditions of the Redwood Trust Inc. Amended and Restated Executive Deferred Compensation Plan.

F2: 100% vested at grant.

F3: No expiration date is applicable to deferred stock units.