SEC Form 4 · accession 0000921768-15-000080
BBX CAPITAL CORP · BBX
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
Sep 30, 2015
Accepted (ET)
Oct 2, 2015 · 5:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000921768
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 | Sep 30, 2015 | F | 53,364 | $15.82 | D | 485,418 | D | |
| Class A Common Stock, par value $0.01 per shareF4,F3 | Sep 30, 2015 | S$0 | 73,843 | — | D | 45,380 | I | Trust f/b/o John E. Abdo 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 September 30, 2015 of certain previously reported restricted stock units 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, 2015.
- F3On September 30, 2015, the reporting person transferred 73,843 shares of the issuer's Class A Common Stock from his direct holdings to his indirect holdings through the trust. These share amounts reflect that transfer.
- F4Pursuant to the previously disclosed Share Exchange Agreement entered into by the reporting person and BFC Financial Corporation ("BFC") on September 4, 2015, on September 30, 2015, the reporting person received 405,624 shares of BFC's Class B Common Stock in exchange for 73,843 shares of the issuer's Class A Common Stock. The closing price of the issuer's Class A Common Stock and BFC's Class B Common Stock on September 29, 2015 was $15.82 per share and $2.88 per share, respectively.