SEC Form 4 · accession 0000315858-17-000061
BBX Capital Corp · BBX/BBXTB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Seth M Wise
Officer — Executive Vice President · Director
Period of report
Sep 30, 2017
Accepted (ET)
Oct 3, 2017 · 4:56 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 | 89,117 | $7.37 | D | 1,264,075 | D | |
| Class B Common Stock, par value $0.01 per shareF1,F5,F3 | Sep 30, 2017 | F | 1,974 | $7.32 | D | 1,622,276 | D | |
| Class B Common Stock, par value $0.01 per shareF6,F5,F3 | Oct 1, 2017 | F | 31,354 | $7.32 | D | 1,590,922 | D | |
| Class A Common Stock, par value $0.01 per share | holding | — | — | — | 275,666 | I | By Seth M. Wise Rev Trust DTD July 20, 2004 | |
| Class A Common Stock, par value $0.01 per shareF4 | holding | — | — | — | 70 | I | By IRA | |
| Class A Common Stock, par value $0.01 per share | holding | — | — | — | 247 | I | By Spouse's IRA |
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.
- F470 shares of the issuer's Class A Common Stock which were previously reported as shares directly owned by the reporting person are now indirectly owned by the reporting person through his individual retirement account ("IRA"). These share amounts reflect this change in ownership form.
- 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.
- F6Represents 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.