SEC Form 4 · accession 0000315858-17-000057
BBX Capital Corp · BBX/BBXTB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John E Abdo
Officer — Vice Chairman · Director · 10% Owner
Period of report
Sep 30, 2017
Accepted (ET)
Oct 3, 2017 · 4:45 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,F4 | Sep 30, 2017 | F | 178,236 | $7.37 | D | 1,806,775 | D | |
| Class B Common Stock, par value $0.01 per shareF1,F5,F4,F6 | Sep 30, 2017 | F | 3,949 | $7.32 | D | 1,439,060 | D | |
| Class B Common Stock, par value $0.01 per shareF7,F5,F4,F8,F9 | Oct 1, 2017 | F | 62,708 | $7.32 | D | 1,095,112 | D | |
| Class A Common Stock, par value $0.01 per shareF10,F2,F4,F11 | Oct 2, 2017 | F | 158,932 | $7.37 | D | 1,621,064 | D | |
| Class A Common Stock, par value $0.01 per shareF4,F11,F3 | holding | — | — | — | 3,948,458 | I | By John E. Abdo Trust under Trust Agreement dated 3/15/76, John E. Abdo, Trustee | |
| Class A Common Stock, par value $0.01 per shareF3 | holding | — | — | — | 53,706 | I | By IRA | |
| Class B Common Stock, par value $0.01 per shareF4,F6,F8,F9 | holding | — | — | — | 5,349,356 | I | John E. Abdo Trust under Trust Agreement dated 3/15/76, John E. Abdo, Trustee |
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.
- F10Represents shares surrendered to the issuer to satisfy the issuer's tax withholding obligation relating to the vesting on October 2, 2017 of certain restricted stock awards previously granted to the reporting person. These shares have been cancelled and retired by the issuer.
- F11On October 2, 2017, the reporting person transferred 26,779 shares of the issuer's Class A Common Stock from his direct holdings to his trust. These share amounts reflect that transfer.
- 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.
- F3In addition to the transfers described in the footnotes below, 61,025 shares of the issuer's Class A Common Stock which were previously reported as shares directly owned by the reporting person are now owned indirectly with 53,706 of such shares owned through his individual retirement account ("IRA") and 7,319 of such shares owned through his trust. These share amounts reflect this change in ownership form.
- F4Shares 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.
- F5Represents the closing price of the issuer's Class B Common Stock on September 29, 2017, the last trading day prior to the transaction date.
- F6On September 30, 2017, the reporting person transferred 253,786 shares of the issuer's Class B Common Stock from his direct holdings to his trust. These share amounts reflect that transfer.
- F7Represents 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.
- F8On October 1, 2017, the reporting person transferred 86,774 shares of the issuer's Class B Common Stock from his direct holdings to his trust. These share amounts reflect that transfer.
- F9On October 2, 2017, the reporting person transferred 194,466 shares of the issuer's Class B Common Stock from his direct holdings to his trust. These share amounts reflect that transfer.