WCI COMMUNITIES INC 4
4 · WCI COMMUNITIES INC · Filed Feb 6, 2007
Insider Transaction Report
Form 4
ACKERMAN DON E
Director
Transactions
- Award
Common Stock
2007-02-05$21.79/sh+92$2,005→ 3,408,162 total(indirect: By Trust)
Holdings
- 24,105(indirect: Other)
Common Stock
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 12/31/06 to receive Issuer common stock for compensation under the Compensation Program.
- [F2]Stock is held in the name of Don E. Ackerman Trust UAD 12/14/1996 ("1996 Trust"); the Reporting Person is the Trustee and the Beneficiary of the 1996 Trust.
- [F3]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.