SEC Form 4 · accession 0000315858-17-000073
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
Oct 7, 2017
Accepted (ET)
Oct 10, 2017 · 9:29 am 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 | Oct 7, 2017 | F | 124,763 | $7.40 | D | 1,323,656 | D | |
| Class A Common Stock, par value $0.01 per shareF1,F2,F4,F5 | Oct 8, 2017 | F | 324,693 | $7.40 | D | 549,658 | D | |
| Class A Common Stock, par value $0.01 per shareF3,F4,F5 | holding | — | — | — | 4,570,408 | 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 share | holding | — | — | — | 53,706 | I | By IRA | |
| Class B Common Stock, par value $0.01 per shareF4 | holding | — | — | — | 1,095,112 | D | ||
| Class B Common Stock, par value $0.01 per shareF4 | holding | — | — | — | 5,349,356 | I | By 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 the transaction date 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 October 6, 2017, the last trading day prior to the transaction date.
- F3On October 7, 2017, the reporting person transferred 172,645 shares of the issuer's Class A Common Stock from his direct holding to his trust. These share amounts reflect that transfer.
- 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.
- F5On October 8, 2017, the reporting person transferred 449,305 shares of the issuer's Class A Common Stock from his direct holding to his trust. These share amounts reflect that transfer.