X0306 4 2016-03-31 0 0000930236 REDWOOD TRUST INC RWT 0001221603 PROCTOR GEORGANNE 1 BELVEDERE PLACE SUITE 300 MILL VALLEY CA 94941 1 0 0 0 Deferred Stock Units 12.6 2016-03-31 4 A 0 1203.57 0.0 A Common Stock 1203.57 1203.57 D This transaction relates to the acquisition of Deferred Stock Units in accordance with the deferral election made with respect to director compensation and dividend equivalent rights according to the terms and conditions of the Redwood Trust Inc. Amended and Restated Executive Deferred Compensation Plan. 100% vested at grant. No expiration date is applicable to deferred stock units. Attorney-In-Fact: Andrew P. Stone 2016-04-04