0001140361-16-064556.txt : 20160511 0001140361-16-064556.hdr.sgml : 20160511 20160511152126 ACCESSION NUMBER: 0001140361-16-064556 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20160510 FILED AS OF DATE: 20160511 DATE AS OF CHANGE: 20160511 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: WCI Communities, Inc. CENTRAL INDEX KEY: 0001574532 STANDARD INDUSTRIAL CLASSIFICATION: OPERATIVE BUILDERS [1531] IRS NUMBER: 270472098 STATE OF INCORPORATION: DE FISCAL YEAR END: 0609 BUSINESS ADDRESS: STREET 1: 24301 WALDEN CENTER DRIVE CITY: BONITA SPRINGS STATE: FL ZIP: 34134 BUSINESS PHONE: 239-947-2600 MAIL ADDRESS: STREET 1: 24301 WALDEN CENTER DRIVE CITY: BONITA SPRINGS STATE: FL ZIP: 34134 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Monarch GP LLC CENTRAL INDEX KEY: 0001501100 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36023 FILM NUMBER: 161639676 BUSINESS ADDRESS: STREET 1: C/O MONARCH ALTERNATIVE CAPITAL LP STREET 2: 535 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-554-1700 MAIL ADDRESS: STREET 1: C/O MONARCH ALTERNATIVE CAPITAL LP STREET 2: 535 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MDRA GP LP CENTRAL INDEX KEY: 0001501101 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36023 FILM NUMBER: 161639677 BUSINESS ADDRESS: STREET 1: C/O MONARCH ALTERNATIVE CAPITAL LP STREET 2: 535 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-554-1700 MAIL ADDRESS: STREET 1: C/O MONARCH ALTERNATIVE CAPITAL LP STREET 2: 535 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Monarch Alternative Capital LP CENTRAL INDEX KEY: 0001281084 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36023 FILM NUMBER: 161639678 BUSINESS ADDRESS: STREET 1: 535 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-554-1700 MAIL ADDRESS: STREET 1: 535 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 FORMER NAME: FORMER CONFORMED NAME: Quadrangle Debt Recovery Advisors LP DATE OF NAME CHANGE: 20070125 FORMER NAME: FORMER CONFORMED NAME: Quadrangle Debt Recovery Advisors LLC DATE OF NAME CHANGE: 20061013 FORMER NAME: FORMER CONFORMED NAME: QDRA LLC DATE OF NAME CHANGE: 20040223 4 1 doc1.xml FORM 4 X0306 4 2016-05-10 0 0001574532 WCI Communities, Inc. WCIC 0001281084 Monarch Alternative Capital LP 535 MADISON AVENUE NEW YORK NY 10022 1 0 0 1 See Remarks 0001501101 MDRA GP LP C/O MONARCH ALTERNATIVE CAPITAL LP 535 MADISON AVENUE NEW YORK NY 10022 1 0 0 1 See Remarks 0001501100 Monarch GP LLC C/O MONARCH ALTERNATIVE CAPITAL LP 535 MADISON AVENUE NEW YORK NY 10022 1 0 0 1 See Remarks Restricted Stock Unit 2016-05-10 4 M 0 2506 0 D See footnote 0 D See Exhibit 99.1 See Exhibit 99.1 See Exhibit 99.1 Solely for purposes of Section 16 of the Exchange Act, each of Monarch Alternative Capital LP ("MAC"), as well as MDRA GP LP and Monarch GP LLC by virtue of their control of MAC, are directors-by-deputization by virtue of the Funds' (as defined in Exhibit 99.1) contractual right to designate a member of the board of directors of WCI Communities, Inc. ("WCIC"). Patrick Bartels, a managing principal of MAC, is a member of WCIC's board of directors. Exhibit List: Exhibit 99.1 - Explanation of Responses Exhibit 99.2 - Joint Filers' Information and Signatures Monarch Alternative Capital LP, By: /s/ Michael Weinstock, Chief Executive officer 2016-05-11 EX-99.1 2 m17211228a.htm EXPLANATION OF RESPONSES
 
Designated Filer:
MONARCH ALTERNATIVE CAPITAL LP
Issuer & Ticker Symbol:
WCI Communities, Inc. [WCIC]
Date of Event Requiring Statement:
May 10, 2016
 
 
Explanation of Responses
 
(1)
On February 19, 2015, MAC (as defined below), as an affiliate of a non-employee director, was granted restricted stock units by WCI Communities, Inc. (the “Company”).  These restricted stock units vested in their entirety on May 10, 2016, which was the first business day prior to the Company’s annual shareholders’ meeting in 2016.  In accordance with the terms of the grant, the Company paid to the holder a cash amount equal to the fair market value of a number of shares of the Company’s common stock, par value $0.01 per share (“Common Stock”), equal to the number of restricted stock units.  The closing price of the Common Stock on May 10, 2016 was $16.07.
 
(2)
This Form 4 is being filed on behalf of Monarch Alternative Capital LP, a Delaware limited partnership (“MAC”), MDRA GP LP, a Delaware limited partnership (“MDRA GP”) and Monarch GP LLC, a Delaware limited liability company (“Monarch GP”) (collectively, the “Reporting Persons”). MAC serves as the investment advisor to Monarch Debt Recovery Master Fund Ltd, Monarch Master Funding Ltd, Monarch Capital Master Partners LP, Monarch Alternative Solutions Master Fund Ltd, Monarch Capital Master Partners II LP, MCP Holdings Master LP and P Monarch Recovery Ltd (collectively, the “Funds”). MDRA GP is the general partner of MAC and Monarch GP is the general partner of MDRA GP. Each of MAC, MDRA GP and Monarch GP may be deemed to indirectly beneficially own shares held directly by the Funds and disclaims beneficial ownership of all such shares except to the extent of any indirect pecuniary interest therein.
 
(3)
Restricted Stock Units held directly by MAC.
 
 
EX-99.2 3 m17211228b.htm JOINT FILER INFORMATION AND SIGNATURES
Designated Filer:
Monarch Alternative Capital LP
Issuer & Ticker Symbol:
WCI Communities, Inc. [WCIC]
Date of Event Requiring Statement:
May 10, 2016
 
Joint Filer Information and Signatures
                    Joint Filers:
 
1.
Name:
MDRA GP LP
 
Address:
c/o Monarch Alternative Capital LP, 535 Madison Avenue, New York, New York 10022
 
 
 
 
 
 
 
MDRA GP LP
 
 
 
 
 
 
 
By: Monarch GP LLC, its general partner
 
 
 
 
 
 
 
 
By: /s/ Michael Weinstock                             
 
May 11, 2016
 
 
Name:
Michael Weinstock
 
Date
 
 
Title:
Member
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2.
Name:
Monarch GP LLC
 
Address:
c/o Monarch Alternative Capital LP, 535 Madison Avenue, New York, New York 10022
 
 
 
 
 
 
 
MONARCH GP LLC
 
 
 
 
 
 
 
 
By:/s/ Michael Weinstock                             
 
May 11, 2016
 
 
Name:
Michael Weinstock
 
Date
 
 
Title:
Member