SEC Form 4 · accession 0000315858-18-000120
BBX Capital Corp · BBX/BBXTB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan B Levan
Officer — Chairman and CEO · Director · 10% Owner
Period of report
Dec 19, 2018
Accepted (ET)
Dec 21, 2018 · 2:03 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 | Dec 19, 2018 | J | 650,366 | $0.00 | D | 3,527,374 | I | By Levan Partners, LLC |
| Class A Common Stock, par value $0.01 per share | Dec 21, 2018 | G | 393,499 | $0.00 | A | 393,499 | I | By Susie and Alan B. Levan Family Foundation, Inc. |
| Class A Common Stock, par value $0.01 per shareF2 | holding | — | — | — | 2,536,748 | D | ||
| Class A Common Stock, par value $0.01 per shareF2 | holding | — | — | — | 1,270,294 | I | By Florida Partners Corporation | |
| Class A Common Stock, par value $0.01 per shareF2 | holding | — | — | — | 11,440 | I | By spouse | |
| Class A Common Stock, par value $0.01F2 | holding | — | — | — | 36,711 | I | By Levan Children's Trusts | |
| Class B Common Stock, par value $0.01 per shareF2 | holding | — | — | — | 3,886,164 | D | ||
| Class B Common Stock, par value $0.01 per shareF2 | holding | — | — | — | 1,684,571 | I | By Levan BFC Stock Partners, LP | |
| Class B Common Stock, par value $0.01 per shareF2 | holding | — | — | — | 707,882 | I | By Levan Partners, LLC | |
| Class B Common Stock, par value $0.01 per shareF2 | holding | — | — | — | 133,314 | I | By Florida Partners Corporation | |
| Class B Common Stock, par value $0.01 per shareF2 | holding | — | — | — | 1,200 | I | By spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1In connection with the death of one of its members, on December 19, 2018, Levan Partners, LLC made a distribution of 650,366 shares of the issuer's Class A Common Stock to the trust of such deceased member (representing her pro rata interest in the shares of the issuer's Class A Common Stock owned by Levan Partners, LLC) for further distribution of such shares to her beneficiaries in accordance with the terms of the trust.
- 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.
- F3On December 21, 2018, beneficiaries of the decedent gifted a total of 393,499 of the shares received by them from the trust to the Susie and Alan B. Levan Family Foundation, Inc., of which the reporting person is a member, director and officer. While the shares owned by the Susie and Alan B. Levan Family Foundation, Inc. are reported on the Form 4, the reporting person does not have any pecuniary interest in such shares.