ADELMAN STEVEN C 4

4 · WCI COMMUNITIES INC · Filed Jun 8, 2005

Form 4

Period: 2005-06-06

Senior Vice President & Treas

Transactions

Exercise/Conversion
Common Stock
2005-06-06+5,736→ 2,295 total
Exercise: $6.01Exp: 2010-06-30→ Common Stock (5,736 underlying)
Exercise/Conversion
Common Stock
2005-06-06+2,509→ 1,004 total
Exercise: $10.46Exp: 2011-01-01→ Common Stock (2,509 underlying)
Exercise/Conversion
Common Stock
2005-06-06+24,984→ 17,673 total
Sale
Common Stock
2005-06-06$29.58/sh−7,200$212,976→ 21,915 total
Sale
Common Stock
2005-06-06$29.67/sh−111$3,293→ 24,873 total
Exercise/Conversion
Common Stock
2005-06-06+4,302→ 2,151 total
Exercise: $16.04Exp: 2012-01-01→ Common Stock (4,302 underlying)
Exercise/Conversion
Common Stock
2005-06-06+8,135→ 0 total
Exercise: $6.01Exp: 2008-12-04→ Common Stock (8,135 underlying)

Footnotes (9)

[F1]Stock option grants specified on Table II.
[F2]Shares were fully vested as of date of exercise.
[F3]2000 Stock Option Grant vesting 50% on 07/01/2003 and 25% on 07/01/2004 and 25% on 07/01/2005.
[F4]1998 Stock Option Grant (right to buy) granted 12/04/1998.
[F5]2001 Stock Options granted 01/01/2001 vesting 20% on 01/01/2002, 01/01/2003, 01/01/2004, 01/01/2005 and 01/01/2006.
[F6]2002 Stock Options granted 01/01/2002 vesting 50% on 01/01/2004, and 25% on 01/01/2005 and 01/01/2006.
[F7]2002 Stock Option Grant (right to buy)
[F8]2003 Stock Option Grant vesting 50% on 01/01/2005 and 25% on 10/01/2006 and 25% on 01/01/2007.
[F9]Stock Option Grant (right to buy)

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