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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
315858	Bfc Financial Corp	BFCF/BFCFB	Savings Institution, Federally Chartered (6035)	592022148

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1199943	B Alan Levan	401 East Las Olas Boulevard Suite 800 Fort Lauderdale FL 33301	Chairman, Ceo & President	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock, Par Value $0.01 Per Share	Disposition	2014-06-05	27,300	$3.76	5,225,848	No	4	S	Indirect	By Levan Partners, LLC
Class A Common Stock, Par Value $0.01 Per Share	Disposition	2014-06-06	55,000	$3.79	5,170,848	No	4	S	Indirect	By Levan Partners, LLC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By Levan Partners, LLC
No	4	S	Indirect	By Levan Partners, LLC

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock, Par Value $0.01 Per Share	2,438,763	Direct
Class A Common Stock, Par Value $0.01 Per Share	1,270,294	Indirect	By Florida Partners Corporation
Class A Common Stock, Par Value $0.01 Per Share	11,440	Indirect	By spouse
Class A Common Stock, Par Value $0.01 Per Share	12,237	Indirect	By Jarett Levan Children's Trust
Class A Common Stock, Par Value $0.01 Per Share	12,237	Indirect	By Donald Levan Children's Trust
Class A Common Stock, Par Value $0.01 Per Share	12,237	Indirect	By Rachelle Levan Children's Trust
Class B Common Stock, Par Value $0.01 Per Share	385,579	Direct
Class B Common Stock, Par Value $0.01 Per Share	2,019,456	Indirect	By Levan BFC Stock Partners, LP
Class B Common Stock, Par Value $0.01 Per Share	707,882	Indirect	By Levan Partners, LLC
Class B Common Stock, Par Value $0.01 Per Share	133,314	Indirect	By Florida Partners Corporation
Class B Common Stock, Par Value $0.01 Per Share	1,200	Indirect	By spouse

Footnotes

Shares of the issuer's Class B Common Stock are convertible on a share-for-share basis into the issuer's Class A Common Stock at any time in the holder's discretion.
The sales reported on this Form 4 were effected pursuant to the previously disclosed Rule 10b5-1 Trading Plan entered into by Levan Partners, LLC on March 18, 2014.
Represents the weighted average sales price. Shares were sold in multiple transactions on June 5, 2014 at prices ranging from $3.76 per share to $3.77 per share, inclusive. Shares were sold in multiple transactions on June 6, 2014 at prices ranging from $3.77 per share to $3.80 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.