ACKERMAN DON E 4
4 · WCI COMMUNITIES INC · Filed Jul 12, 2006
Insider Transaction Report
Form 4
ACKERMAN DON E
Director
Transactions
- Other
Common Stock
2006-07-10+3,046→ 7,303 total
Footnotes (3)
- [F1]Stock granted pursuant to the Compensation Program for Non-Employee Directors ("Compensation Program") adopted by Issuer's Board of Directors effective 10/03/2005. Reporting Person pre-elected prior to 12/31/05 to receive Issuer common stock for compensation under the Compensaton Program.
- [F2]Stock is held in the name of Don E. Ackerman Trust UDA 12/14/1996. The Reporting Person is the Trustee and the Beneficiary of the Trust.
- [F3]In addition to holdings reported, the Don E. Ackerman 2005 Irrevocable Trust 12/15/05 holds 3,394,370 shares of Issuer's common stock. The wife and son of Reporting Person are the Trustee of this trust and the Reporting Person is the beneficiary of the trust. In addition, Reporting Person reports interest in 24,105 shares of Issuer common stock held by Chandelle Ventures, Inc. of which Reporting Person is majority shareholder and President.