WCI Communities Form 4 Change in insider ownership

SEC Form 4

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^*

Monarch Alternative Capital LP

(Last) (First) (Middle)

535 MADISON AVENUE, 26TH FLOOR

(Street)

NEW YORK NY 10022

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
WCI Communities, Inc. [ WCIC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
04/21/2015

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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")	04/21/2015		S		180,384	D	$22.75(1)	2,658,624	I	See footnotes(2)(3)
Common Stock	04/21/2015		S		177,901	D	$22.75(1)	0	I	See footnotes(2)(4)
Common Stock	04/21/2015		S		107,305	D	$22.75(1)	0	I	See footnotes(2)(5)
Common Stock	04/21/2015		S		1,402,268	D	$22.75(1)	189,720	I	See footnotes(2)(6)
Common Stock	04/21/2015		S		74,111	D	$22.75(1)	100,000	I	See footnotes(2)(7)
Common Stock								1,246,217	I	See footnotes(2)(8)
Common Stock								635,798	I	See footnotes(2)(9)
Common Stock								59,152	I	See footnotes(2)(10)
Common Stock								31,600	I	See footnotes(2)(11)
Common Stock								392,542	I	See footnotes(2)(12)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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^*

Monarch Alternative Capital LP

(Last) (First) (Middle)

535 MADISON AVENUE, 26TH FLOOR

(Street)

NEW YORK NY 10022

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Monarch Debt Recovery Master Fund Ltd

(Last) (First) (Middle)

C/O MONARCH ALTERNATIVE CAPITAL LP

535 MADISON AVENUE, 26TH FLOOR

(Street)

NEW YORK NY 10022

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

MDRA GP LP

(Last) (First) (Middle)

C/O MONARCH ALTERNATIVE CAPITAL LP

535 MADISON AVENUE, 26TH FLOOR

(Street)

NEW YORK NY 10022

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Monarch GP LLC

(Last) (First) (Middle)

C/O MONARCH ALTERNATIVE CAPITAL LP

535 MADISON AVENUE, 26TH FLOOR

(Street)

NEW YORK NY 10022

(City) (State) (Zip)

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

11. See Exhibit 99.1

12. 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 two members 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.

	MONARCH ALTERNATIVE CAPITAL LP, /s/ Michael Weinstock, Chief Executive Officer	04/23/2015
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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