SEC Form 4 · accession 0000919574-17-007808
ST JOE Co · JOE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
FAIRHOLME CAPITAL MANAGEMENT LLC
Director · 10% Owner
Bruce R Berkowitz
Director · 10% Owner
Period of report
Nov 9, 2017
Accepted (ET)
Nov 13, 2017 · 6:37 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000745308
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Nov 9, 2017 | P | 59,550 | $17.84 | A | 26,637,035 | I | See Footnote |
| Common StockF3 | Nov 9, 2017 | P | 59,050 | $17.84 | A | 59,050 | D | |
| Common StockF2 | Nov 10, 2017 | P | 1,600 | $18.10 | A | 26,638,635 | I | See Footnote |
| Common StockF2 | Nov 13, 2017 | P | 18,050 | $18.48 | A | 26,656,685 | I | See Footnote |
| Common StockF3 | Nov 13, 2017 | P | 15,950 | $18.48 | A | 75,000 | D | |
| Common StockF4 | holding | — | — | — | 23,636,502 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The securities are held in account(s) managed indirectly by Fairholme Capital Management, LLC ("Fairholme"). The Reporting Persons disclaim beneficial ownership in the account(s) except to the extent of its pecuniary interest, if any therein.
- F2The securities may be deemed to be beneficially owned by Mr. Bruce R. Berkowitz ("Mr. Berkowitz") because he controls the sole member of Fairholme, which may be deemed to have beneficial ownership of the securities because Fairholme serves as the investment manager to separate series of a registered investment company and managed accounts. The Reporting Persons disclaim beneficial ownership in the securities reported on this Form 4 except to the extent of its pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that the Reporting Persons are the beneficial owners of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- F3The reported securities are directly owned by Mr. Berkowitz.
- F4The reported securities are directly owned by The Fairholme Fund and The Fairholme Allocation Fund (each, a "Fund"), each a series of Fairholme Funds, Inc. The securities may be deemed to be beneficially owned by Mr. Berkowitz because he controls the sole member of Fairholme, which may be deemed to have beneficial ownership of the securities because Fairholme serves as the investment manager to each Fund and managed accounts. Each Fund and the Reporting Persons disclaim beneficial ownership in the securities reported on this Form 4 except to the extent of its pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that the Fund and the Reporting Persons are the beneficial owners of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.