WCI COMMUNITIES INC 4
4 · WCI COMMUNITIES INC · Filed Jul 5, 2007
Insider Transaction Report
Form 4
COBB CHARLES E JR
Director
Transactions
- Award
Common Stock (Restricted Stock Unit)
2007-07-02$16.17/sh+1,856$30,012→ 127,874 total
Holdings
- 5,000(indirect: By Trust)
Common Stock
Footnotes (2)
- [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 all of his compensation and to defer receipt of the RSUs until cessation of service as a director. Pursuant to the Compensation Program, the RSU's granted vest immediately and will be payable in shares of stock.
- [F2]Owned by the Cobb Family 22nd Century Fund 1. Reporting Person is a Trustee and the Settlor of the Trust. Reporting Person is not a beneficiary of the Trust.