SEC Form 4 · accession 0000315858-15-000006

BBX Capital Corp · BBX/BBXTB

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chairman, CEO & President · Director · 10% Owner

Period of report

Feb 20, 2015

Accepted (ET)

Feb 24, 2015 · 4:04 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000315858

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Class A Common Stock, par value $0.01 per share^F2,F3	Feb 20, 2015	S	56,500	$3.25	D	2,713,550	D
Class A Common Stock, par value $0.01 per share^F2	Feb 20, 2015	S	56,500	$3.25	D	5,011,048	I	By Levan Partners, LLC
Class A Common Stock, par value $0.01 per share^F2	holding	—	—		—	1,270,294	I	By Florida Partners Corporation
Class A Common Stock, par value $0.01 per share^F2	holding	—	—		—	11,440	I	By spouse
Class A Common Stock, par value $0.01 per share	holding	—	—		—	12,237	I	By Jarett Levan Children's Trust
Class A Common Stock, par value $0.01 per share	holding	—	—		—	12,237	I	By Donald Levan Children's Trust
Class A Common Stock, par value $0.01 per share	holding	—	—		—	12,237	I	By Rachelle Levan Children's Trust
Class B Common Stock, par value $0.01 per share^F2,F4	holding	—	—		—	1,335,267	D
Class B Common Stock, par value $0.01 per share^F2,F4	holding	—	—		—	1,684,571	I	By Levan BFC Stock Partners, LP
Class B Common Stock, par value $0.01 per share^F2	holding	—	—		—	707,882	I	By Levan Partners, LLC
Class B Common Stock, par value $0.01 per share^F2	holding	—	—		—	133,314	I	By Florida Partners Corporation
Class B Common Stock, par value $0.01 per share^F2	holding	—	—		—	1,200	I	By spouse

No Table II lines on this filing.

F1These sales were effected pursuant to the previously disclosed Rule 10b5-1 Trading Plans entered into by the reporting person and Levan Partners, LLC on September 19, 2014.
F2Shares of the issuer's Class B Common Stock are convertible on a share-for-share basis into the issuer's Class A Common Stock at any time in the holder's discretion.
F3Includes 416,135 shares now held by the reporting person as shares of Class A Common Stock, but which were previously included as part of the reporting person's holdings of shares of Class B Common Stock. 334,885 of such Class B shares were transferred during October 2014 from Levan BFC Stock Partners, LP (through which the reporting person indirectly beneficially owned the shares) to the reporting person so that they were held directly by him. Those 334,885 shares together with an additional 81,250 Class B shares owned directly by the reporting person were subsequently converted into shares of Class A Common Stock pursuant to the previously disclosed conversion feature of the issuer's Class B Common Stock as described in footnote 2 above.
F4Reflects the conversion of shares of Class B Common Stock into shares of Class A Common Stock as set forth in footnote 3 above.