SEC Form 4 · accession 0000921768-16-000164
BBX CAPITAL CORP · BBX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Seth M Wise
Officer — Executive Vice President
Period of report
Dec 15, 2016
Accepted (ET)
Dec 19, 2016 · 2:56 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 | 33 | $20.00 | D | 156,260 | D | |
| Class A Common Stock, par value $0.01 per shareF2,F3 | Dec 15, 2016 | D | 156,260 | $0.00 | D | 0 | D | |
| Class A Common Stock, par value $0.01 per shareF1 | Dec 15, 2016 | D | 12,010 | $20.00 | D | 0 | I | By Seth M. Wise Rev Trust DTD July 20, 2004 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Disposed of pursuant to the merger agreement between the issuer and BFC Financial Corporation ("BFC") at a price of $20.00 per share.
- F2Includes restricted stock units of 156,260 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 restricted stock units of 843,804 shares of BFC's Class A Common Stock.
- F3On 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.