UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported)June 25, 2008
| | |
| WCI COMMUNITIES, INC. |
| (Exact Name of Registrant as Specified in Its Charter) |
|
| Delaware |
| (State or Other Jurisdiction of Incorporation) |
| |
001-31255 | | 59-2857021 |
| (Commission File Number) | | (IRS Employer Identification No.) |
| | |
| |
| 24301 Walden Center Drive, Bonita Springs, FL | | 34134 |
| (Address of Principal Executive Offices) | | (Zip Code) |
|
239-947-2600 |
| (Registrant’s Telephone Number, Including Area Code) |
|
| NOT APPLICABLE |
| (Former Name or Former Address, if Changed Since Last Report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (seeGeneral Instruction A.2. below):
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 2.04. Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement.
As WCI Communities, Inc. (the “Company”) previously disclosed, a holder of the Company’s $125.0 million 4.0% Contingent Convertible Senior Subordinated Notes due 2023 (the “Convertible Notes”) will have the option to require the Company to repurchase the Convertible Notes at a price of 100 percent of the principal amount on August 5, 2008 (plus any accrued and unpaid interest), provided that such holder provides written notice to the Company from the opening of business on June 23, 2008 until the close of business on August 4, 2008. On June 25, 2008, the Company received notice that certain holders of the Convertible Notes intend to exercise this right.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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WCI COMMUNITIES, INC. |
|
|
By: | | /s/ James D. Cullen |
| | Name: James D. Cullen |
| | Title: Vice President |
Date: June 25, 2008
