FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
WCI Communities, Inc. [ WCIC ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 07/13/2015 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock, par value $0.01 per share ("Common Stock") | 07/13/2015 | S | 240,464 | D | $23.1(1) | 2,418,160 | I | See footnotes(2)(3) | ||
Common Stock | 07/13/2015 | S | 132,278 | D | $23.1(1) | 57,442 | I | See footnotes(2)(4) | ||
Common Stock | 07/13/2015 | S | 1,246,217 | D | $23.1(1) | 0 | I | See footnotes(2)(5) | ||
Common Stock | 07/13/2015 | S | 62,338 | D | $23.1(1) | 573,460 | I | See footnotes(2)(6) | ||
Common Stock | 07/13/2015 | S | 7,371 | D | $23.1(1) | 385,171 | I | See footnotes(2)(7) | ||
Common Stock | 59,152 | I | See footnotes(2)(8) | |||||||
Common Stock | 31,600 | I | See footnotes(2)(9) | |||||||
Common Stock | 100,000 | I | See footnotes(2)(10) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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Explanation of Responses: |
1. See Exhibit 99.1 |
2. See Exhibit 99.1 |
3. See Exhibit 99.1 |
4. See Exhibit 99.1 |
5. See Exhibit 99.1 |
6. See Exhibit 99.1 |
7. See Exhibit 99.1 |
8. See Exhibit 99.1 |
9. See Exhibit 99.1 |
10. See Exhibit 99.1 |
Remarks: |
Exhibit List: Exhibit 99.1 - Explanation of Responses Exhibit 99.2 - Joint Filers' Information and Signatures Solely for purposes of Section 16 of the Exchange Act, each of Monarch Alternative Capital LP, and by virtue of their control of Monarch Alternative Capital LP, MDRA GP LP and Monarch GP LLC, are directors-by-deputization by virtue of the Funds' (defined in Exhibit 99.1) contractual right to designate a member of the board of directors of WCIC. Patrick Bartels, a managing principal of Monarch Alternative Capital LP, is a member of WCIC's board of directors. As a result of the transaction reported herein, Monarch Debt Recovery Master Fund Ltd has ceased to be a 10% beneficial owner and is no longer subject to Section 16 reporting requirements. |
MONARCH ALTERNATIVE CAPITAL LP, /s/ Michael Weinstock, Chief Executive Officer | 07/15/2015 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |