SEC Form 4 · accession 0000315858-17-000055
BBX Capital Corp · BBX/BBXTB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan B Levan
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Sep 30, 2017
Accepted (ET)
Oct 3, 2017 · 4:42 pm EDT
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 shareF1,F2,F3 | Sep 30, 2017 | F | 178,236 | $7.37 | D | 3,531,441 | D | |
| Class B Common Stock, par value $0.01 per shareF1,F4,F3 | Sep 30, 2017 | F | 3,949 | $7.32 | D | 3,506,707 | D | |
| Class A Common Stock, par value $0.01 per shareF5,F2,F3 | Oct 1, 2017 | F | 185,711 | $7.37 | D | 3,345,730 | D | |
| Class B Common Stock, par value $0.01 per shareF5,F4,F3 | Oct 1, 2017 | F | 35,746 | $7.32 | D | 3,470,961 | D | |
| Class A Common Stock, par value $0.01 per shareF3 | holding | — | — | — | 5,012,020 | I | By Levan Partners, LLC | |
| Class A Common Stock, par value $0.01 per shareF3 | holding | — | — | — | 1,270,294 | I | By Florida Partners Corporation | |
| Class A Common Stock, par value $0.01 per shareF3 | 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 shareF3 | holding | — | — | — | 1,684,571 | I | By Levan BFC Stock Partners, LP | |
| Class B Common Stock, par value $0.01 per shareF3 | holding | — | — | — | 707,882 | I | By Levan Partners, LLC | |
| Class B Common Stock, par value $0.01 per shareF3 | holding | — | — | — | 133,314 | I | By Florida Partners Corporation | |
| Class B Common Stock, par value $0.01 per shareF3 | holding | — | — | — | 1,200 | I | By spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares surrendered to the issuer to satisfy the issuer's tax withholding obligation relating to the vesting on September 30, 2017 of certain restricted stock awards previously granted to the reporting person. These shares have been cancelled and retired by the issuer.
- F2Represents the closing price of the issuer's Class A Common Stock on September 29, 2017, the last trading day prior to the transaction date.
- F3Shares 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.
- F4Represents the closing price of the issuer's Class B Common Stock on September 29, 2017, the last trading day prior to the transaction date.
- F5Represents shares surrendered to the issuer to satisfy the issuer's tax withholding obligation relating to the vesting on October 1, 2017 of certain restricted stock awards previously granted to the reporting person. These shares have been cancelled and retired by the issuer.