SEC Form 4 · accession 0000921768-16-000162
BBX CAPITAL CORP · BBX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charlie C Winningham II
Director
Period of report
Dec 15, 2016
Accepted (ET)
Dec 19, 2016 · 2:54 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 | Dec 15, 2016 | D | 3,017 | $0.00 | D | 0 | I | By The Winningham Trust DTD 7/6/98 |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class A Stock OptionF2 | $234.50 | Dec 15, 2016 | D | 775 | D | Jun 4, 2007 | Jun 4, 2017 | Class A Common Stock, par value $0.01 per share | 775 | 0 | D |
| Class A Stock OptionF3 | $48.50 | Dec 15, 2016 | D | 2,532 | D | Jun 2, 2008 | Jun 2, 2018 | Class A Common Stock, par value $0.01 per share | 2,532 | 0 | D |
Explanation of responses
- F1Disposed of pursuant to the merger agreement between the issuer and BFC Financial Corporation ("BFC") in exchange for an aggregate of 16,292 shares of BFC's Class A Common Stock. On 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.
- F2This option was assumed by BFC in the merger and replaced with an option to purchase 4,185 shares of BFC Class A Common Stock at an exercise price of $43.43 per share.
- F3This option was assumed by BFC in the merger and replaced with an option to purchase 13,673 shares of BFC Class A Common Stock at an exercise price of $8.98 per share.