WCI COMMUNITIES INC 4
4 · WCI COMMUNITIES INC · Filed Oct 3, 2007
Insider Transaction Report
Form 4
ACKERMAN DON E
Director
Transactions
- Award
Common Stock
2007-10-01$6.51/sh+4,609$30,005→ 3,087,449 total(indirect: By Trust)
Holdings
- 24,105(indirect: Other)
Common Stock
Footnotes (3)
- [F1]Reporting Person received shares pursuant to the 2005 Compensation Program for Non-Employee Directors as Amended 12/13/2006 ("Compensation Program") adopted by Issuer's Board of Directors effective 10/03/2005 in lieu of payment to the Reporting Person of $30,000.
- [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.