SEC Form 4 · accession 0000921768-16-000141
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
Dec 15, 2016
Accepted (ET)
Dec 19, 2016 · 2:24 pm EST
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 | Dec 15, 2016 | D | 323,820 | $0.00 | D | 0 | D | |
| Class A Common Stock, par value $0.01 per shareF3,F2 | Dec 15, 2016 | D | 45,380 | $0.00 | D | 0 | 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
- F1Includes 11,301 shares of the issuer's Class A Common Stock and restricted stock units of 312,519 shares of the issuer's Class A Common Stock disposed of pursuant to the merger agreement between the issuer and BFC Financial Corporation (the "Merger Agreement") in exchange for 61,025 shares of BFC's Class A Common Stock and restricted stock units of 1,687,603 shares of BFC's Class A Common Stock, respectively.
- F2On December 15, 2016, the effective date of the merger, the closing price of BFC's Class A Common Stock, as quoted on the OTCQB, was $3.95 per share.
- F3Disposed of pursuant to the Merger Agreement in exchange for 245,052 shares of BFC's Class A Common Stock.