4//SEC Filing
SHERMAN DAVID M 4
Accession 0001202157-11-000006
CIK 0001202157other
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 1:46 PM ET
Size
8.0 KB
Accession
0001202157-11-000006
Insider Transaction Report
Form 4
SHERMAN DAVID M
Director
Transactions
- Disposition to Issuer
Common Stock
2011-03-31−8,500→ 0 total - Disposition to Issuer
Deferred Share Units
2011-03-31−75,790→ 0 total→ Common Stock (75,790 underlying)
Footnotes (4)
- [F1]These shares were disposed of in the merger of Brookfield Homes Corporation and Brookfield Residential Acquisition Corp., with Brookfield Homes being the surviving entity and a wholly owned subsidiary of Brookfield Residential Properties Inc. ("Brookfield Residential") (the "Merger"). Pursuant to the Merger, each share of Brookfield Homes common stock was exchanged for 0.764900530 Brookfield Residential common shares on March 31, 2011, the effective date of the Merger (the "Effective Date").
- [F2]1-for-1
- [F3]As a result of the Merger, these deferred share units were replaced on the Effective Date with either deferred share units of Brookfield Residential or cash.
- [F4]Units can only be redeemed after separation from service, whether due to retirement, termination 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 ownership of shares of common stock.
Documents
Issuer
BROOKFIELD HOMES CORP
CIK 0001202157
Entity typeother
Related Parties
1- filerCIK 0001201458
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 1:46 PM ET
- Size
- 8.0 KB