SEC Form 4 · accession 0001174947-17-001734
BLUEGREEN VACATIONS CORP · BXG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John E Abdo
Director · 10% Owner
Period of report
Dec 5, 2017
Accepted (ET)
Dec 5, 2017 · 4:44 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000778946
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.01 par value per shareF2,F1 | Dec 5, 2017 | S | 974,797 | $14.00 | D | 67,261,010 | I | By Woodbridge Holdings, LLC |
| Common Stock, $0.01 par value per shareF3 | holding | — | — | — | 20,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares are held by Woodbridge Holdings, LLC ("Woodbridge"), a wholly owned subsidiary of BBX Capital Corporation. The reporting person, together with Alan B. Levan, may be deemed to control BBX Capital Corporation. The reporting person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.
- F2Represents shares sold by Woodbridge as a selling shareholder in the initial public offering of the issuer's common stock.
- F3The reporting person directly owns 20,000 shares of the issuer's common stock. The reporting person's previous Form 4 filed on November 21, 2017 inadvertently included in the reporting person's direct holdings the shares of the issuer's common stock which the reporting person may be deemed to beneficially own indirectly through Woodbridge.