SHERMAN DAVID M 4
4 · BROOKFIELD HOMES CORP · Filed Feb 5, 2008
Insider Transaction Report
Form 4
SHERMAN DAVID M
Director
Transactions
- Award
Deferred Share Units
2008-02-01+3,145→ 12,176 total→ Common Stock (3,145 underlying)
Footnotes (2)
- [F1]1-for-1
- [F2]The units vest in five equal annual installments beginning on February 1, 2009. Units can only be redeemed after cessation of employment whether due to termination, 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.