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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
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 control number. | SEC 1474 (9-02) |
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 Underlying Securities (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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Option (Right to Buy) | $ 21.75 | 05/06/2005 | M | 2,499 | 02/20/2004(1) | 02/20/2013 | Common Stock | 2,499 (2) | $ 0 (3) | 13,305 | D | ||||
Employee Stock Option (Right to Buy) | $ 21.75 | 05/09/2005 | M | 5,403 | 02/20/2004(1) | 02/20/2013 | Common Stock | 5,403 (2) | $ 0 (3) | 7,902 | D | ||||
Employee Stock Option (Right to Buy) | $ 21.75 | 05/09/2005 | M | 4,597 | 02/20/2004(4) | 02/20/2013 | Common Stock | 4,597 (5) | $ 0 (3) | 4,598 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
HANSEN ERIC 35 IRON POINT CIRCLE SUITE 200 FOLSOM, CA 95630 |
Vice President |
Eric Hansen | 05/10/2005 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | Option for 23,708 shares, 1/3 exercisable 2/20/04, 2/20/05 & 2/20/06. |
(2) | This option was previously reported as an option for 15,805 shares of common stock at an exercise price of $32.62 per share, but was adjusted to reflect the 50% stock dividend declared by WCI on May 26, 2004, which was payable on June 24, 2004, to all holders of record of common stock on June 10, 2004. Accordingly, on June 24, 2004, the date the stock dividend was paid, the option became exercisable for 23,708 shares at an exercise price of $21.75 per share. |
(3) | The zero in Table II, Column 8 is a placeholder only that is required by the EDGAR software and should be disregarded. |
(4) | Opton for 13,793 shares, 1/3 exercisable 2/20/04, 2/20/05 & 2/20/06. |
(5) | This option was previously reported as an option for 9,195 shares of common stock an an exercise price of $32.62 per share, but was adjusted to reflect the 50% stock dividend declared by WCI on May 26, 2004, which was payable on June 24, 2004, to all holders of record of common stock on June 10, 2004. Accordingly, on June 24, 2004, the date the stock dividend was paid, the option became exercisable for 13,793 shares at an exercise price of $21.75 per share. |