SHERMAN DAVID M 4
4 · BROOKFIELD HOMES CORP · Filed Feb 11, 2010
Insider Transaction Report
Form 4
SHERMAN DAVID M
Director
Transactions
- Award
Deferred Share Units
2010-02-09+6,812→ 75,790 total→ Common Stock (6,812 underlying)
Footnotes (2)
- [F1]1-for-1
- [F2]The units vest in five equal annual installments beginning on February 9, 2011. Units can only be redeemed after separation from service whether due to termination, resignation, retirement or death. There will be no shares of common stock issued, authorized, reserved, purchased or sold at any time in connection with units allocated. Under no circumstances will units be considered shares of common stock, or entitle any participant to the exercise of voting rights or to the exercise of any other rights arising from the ownership of shares of common stock.