4//SEC Filing
WCI Communities, Inc. 4
Accession 0001179110-13-012138
CIK 0001574532operating
Filed
Jul 24, 8:00 PM ET
Accepted
Jul 25, 4:47 PM ET
Size
5.9 KB
Accession
0001179110-13-012138
Insider Transaction Report
Form 4
HASTINGS VIVIEN N
SVP AND GENERAL COUNSEL
Transactions
- Award
LTIP UNITS
2013-07-25+80→ 80 total→ COMMON STOCK (87,247 underlying)
Footnotes (3)
- [F1]Upon the earlier of a change in control or January 16, 2018, vested LTIP Units held by the Reporting Person entitle the Reporting Person to the number of shares of Common Stock of the Issuer equal to the product of (i) 927,000 and (ii) the ratio of (A) the number of vested LTIP Units held by the Reporting Person to (B) 850 (subject to certain adjustments).
- [F2]Twenty-five percent (25%) of the LTIP Units vest on July 25, 2013, 15% vest on December 31, 2013 and 15% vest on December 31 of each of 2014 through 2017, subject to the Reporting Person's continued employment or service with the Issuer through the applicable vesting dates.
- [F3]The LTIP Units expire once a payment in shares of the Issuer's Common Stock with respect to such LTIP Units is made.
Documents
Issuer
WCI Communities, Inc.
CIK 0001574532
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001574532
Filing Metadata
- Form type
- 4
- Filed
- Jul 24, 8:00 PM ET
- Accepted
- Jul 25, 4:47 PM ET
- Size
- 5.9 KB