WCI COMMUNITIES INC 4
4 · WCI COMMUNITIES INC · Filed Jul 5, 2007
Insider Transaction Report
Form 4
LANDRY LAWRENCE L
Director
Transactions
- Award
Common Stock (Restricted Stock Units)
2007-07-02$16.17/sh+1,237$20,002→ 21,636 total
Footnotes (1)
- [F1]Restricted Stock Units 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 12/31/2006 to receive RSU's as part of his compensation and to defer receipt of the RSUs until January 2009. Pursuant to the Compensation Program, the RSU's granted vest immediately and will be payable in shares of stock.