4//SEC Filing
CALIFORNIA COASTAL COMMUNITIES INC 4
Accession 0001179110-08-000590
CIK 0000840216operating
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 5:07 PM ET
Size
7.2 KB
Accession
0001179110-08-000590
Insider Transaction Report
Form 4
Murray Marti P
Director
Transactions
- Award
Common Stock - $.05 par value
2008-01-02$5.69/sh+3,515$20,000→ 544,716 total
Footnotes (3)
- [F1]These are restricted shares that were issued under the Director Fee Program of the Amended and Restated 1993 Stock Option/Stock Issuance Plan at the election of Ms. Murray. The shares vest in 25% increments at the end of each quarter during 2008. Upon vesting, Ms. Murray intends to transfer these shares to certain investment advisory clients of Murray Capital Management, Inc. for no consideration. The Reporting Person disclaims beneficial ownership of the 3,515 shares except to the extent of her pecuniary interest therein.
- [F2]Includes 3,515 restricted shares issued to Ms. Murray under the Director Fee Program and 541,201 shares held by Murray Capital Management, Inc., ("MCM") a registered investment adviser. Marti P. Murray is the president and sole shareholder of MCM and has sole voting and dispositive power with respect to, and therefore may be deemed to beneficially own, the 544,716 shares of common stock held by the investment advisory clients of MCM. The Reporting Person disclaims beneficial ownership of the 544,716 shares except to the extent of her pecuniary interest therein.
- [F3]Includes 3,515 restricted shares issued to Ms. Murray under the Director Fee Program and 541,201 shares held by Murray Capital Management, Inc., ("MCM") a registered investment adviser. Marti P. Murray is the president and sole shareholder of MCM and has sole voting and dispositive power with respect to, and therefore may be deemed to beneficially own, the 544,716 shares of common stock held by the investment advisory clients of MCM. Upon vesting, Ms. Murray intends to transfer the restricted shares to certain investment advisory clients of MCM for no consideration. The Reporting Person disclaims beneficial ownership of the 544,716 shares except to the extent of her pecuniary interest therein.
Documents
Issuer
CALIFORNIA COASTAL COMMUNITIES INC
CIK 0000840216
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000840216
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 5:07 PM ET
- Size
- 7.2 KB