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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No.______)*
WCI Communities, Inc.
Common Stock
92923C 10 4
December 31, 2004
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
o Rule 13d-1 (b)
x Rule 13d-1 (c)
o Rule 13d-1 (d)
*The remainder of this cover page shall be filled out for a reporting
persons initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter the disclosures
provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be
filed for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise
subject to the liabilities of that section of the Act but shall be subject to all other provisions of
the Act (however, see the notes).
13G | ||||||
CUSIP No. 92923C | Page 2 of 6 Pages | |||||
1. | Name of Reporting Person: Don E. Ackerman |
I.R.S. Identification Nos. of above persons (entities only): |
||||
2. | Check the Appropriate Box if a Member of a Group: | |||||
(a) | o | |||||
(b) | o | |||||
3. | SEC Use Only: | |||||
4. | Citizenship or Place of Organization: United States |
|||||
Number of Shares Beneficially Owned by Each Reporting Person With | ||||||
5. | Sole Voting Power: 3,441,375 | |||||
6. | Shared Voting Power: -0- | |||||
7. | Sole Dispositive Power: 3,107,375 | |||||
8. | Shared Dispositive Power: 334,000 | |||||
9. | Aggregate Amount Beneficially Owned by Each Reporting Person: 3,441,375 |
|||||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares: o |
|||||
11. | Percent of Class Represented by Amount in Row (9): 7.6% | |||||
12. | Type of Reporting Person: IN | |||||
Page 2 of 6
Item 1(a).
|
Name of Issuer: | |
WCI Communities, Inc. |
Item 1(b).
|
Address of Issuers Principal Executive Offices: | |
24301 Walden Center Drive, Suite 300, Bonita Springs, FL 34134 |
Item 2(a).
|
Name of Person Filing: | |
Don E. Ackerman |
Item 2(b).
|
Address of Principal Business Office or, if none, Residence: | |
24301 Walden Center Drive, Bonita Springs, Florida 34134 |
Item 2(c).
|
Citizenship: | |
United States |
Item 2(d).
|
Title of Class of Securities: | |
Common Stock |
Item 2(e).
|
CUSIP Number: | |
92923C 10 4 |
Item 3.
|
If this Statement is Filed Pursuant to §240.13d-1(b) or §240.13d-2(b) or (c), check whether the person filing is a: |
(a)
|
o | Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). | ||
(b)
|
o | Bank as defined in section 3(a)(6) of the Exchange Act (15 U.S.C. 78c) | ||
(c)
|
o | Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). | ||
(d)
|
o | Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). | ||
(e)
|
o | An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); |
Page 3 of 6
(f)
|
o | An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); | ||
(g)
|
o | A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); | ||
(h)
|
o | A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); | ||
(i)
|
o | A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80-a3); | ||
(j)
|
o | Group, in accordance with §240.13d-1(b)(1)(ii)(J). |
Item 4.
|
Ownership. |
(a) | Amount beneficially owned: 3,441,375 | |||
(b) | Percent of class: |
See Item 11 of cover page.
(c) | Number of shares as to which the person has: |
(i) | Sole power to vote or to direct the vote: 3,441,375 | |||
(ii) | None | |||
(iii) | Sole power to dispose or to direct the disposition of: 3,107,375 | |||
(iv) | Shared power to dispose or to direct the disposition of: 334,000 |
Item 5.
|
Ownership of Five Percent or Less of a Class | |
Not applicable. |
Item 6.
|
Ownership of More than Five Percent on Behalf of Another Person. | |
Not Applicable |
Item 7.
|
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company | |
Not applicable. |
Page 4 of 6
Item 8.
|
Identification and Classification of Members of the Group | |
Not applicable. |
Item 9.
|
Notice of Dissolution of Group | |
Not applicable. |
Item 10.
|
Certification | |
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. |
Page 5 of 6