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
CONTINUCARE CORP [ CNU ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 10/20/2006 | ||||||||||||||||||||||||||
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 $.0001 per share | 10/20/2006 | P | 9,800 | A | $2.34 | 21,289,588 | I | Frost Gamma Investments Trust(1) | ||
Common Stock, par value $.0001 per share | 10/20/2006 | P | 4,100 | A | $2.35 | 21,293,688 | I | Frost Gamma Investments Trust(1) | ||
Common Stock, par value $.0001 per share | 10/20/2006 | P | 10,000 | A | $2.4 | 21,303,688 | I | Frost Gamma Investments Trust(1) | ||
Common Stock, par value $.0001 per share | 10/23/2006 | P | 2,000 | A | $2.45 | 21,305,688 | I | Frost Gamma Investments Trust(1) | ||
Common Stock, par value $.0001 per share | 10/23/2006 | P | 4,800 | A | $2.4 | 21,310,488 | I | Frost Gamma Investments Trust(1) | ||
Common Stock, par value $.0001 per share | 819,313 | I | Frost Nevada Investments Trust(2) | |||||||
Common Stock, par value $.0001 per share | 100,000 | D |
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 |
Explanation of Responses: |
1. These assets are held by Frost Gamma Investments Trust, of which the reporting person is the trustee and Frost Gamma Limited Partnership is the sole and exclusive beneficiary. The reporting person is one of two limited partners of Frost Gamma Limited Partnership. On December 13, 2005 Frost Beta II LP became a limited partner of Frost Gamma Limited Partnership. Patricia Frost (wife of Phillip Frost, M.D.) and the Frost Family Charitable Remainder Trust are the two limited partners of Frost Beta II LP. The general partner of Frost Beta II LP is Frost Beta II, Inc. (Subsidiary of Frost Beta, Inc.) and the sole shareholder of Frost Beta, Inc. is Phillip Frost. The general partner of Frost Gamma LP is Frost Gamma, Inc. and the sole shareholder of Frost Gamma, Inc. is Frost-Nevada Corporation. The reporting person is also the sole shareholder of Frost-Nevada Corporation. |
2. These assets are held by Frost Nevada Investments Trust, of which the reporting person is the trustee and Frost-Nevada Limited Partnership is the sole and exclusive beneficiary. The reporting person is one of five limited partners of Frost-Nevada Limited Partnership and the sole sharesholder of Frost-Nevada Corporation, the sole general partner of Frost-Nevada, L.P.. On December 14, 2005 Patricia Frost (wife of Phillip Frost, M.D.) became a Limited Partner of Frost-Nevada L.P. On December 29, 2005 the Frost Family Charitable Remainder Trust became a limited partner of Frost Beta LP, an existing partner of Frost-Nevada, L.P. |
/S/ PHILLIP FROST, M.D. | 10/23/2006 | |
** 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. |