Filing Details
- Accession Number:
- 0000315858-15-000006
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-02-24 16:04:07
- Reporting Period:
- 2015-02-20
- Filing Date:
- 2015-02-24
- Accepted Time:
- 2015-02-24 16:04:07
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
315858 | Bfc Financial Corp | BFCF | 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 | 2015-02-20 | 56,500 | $3.25 | 2,713,550 | No | 4 | S | Direct | |
Class A Common Stock, Par Value $0.01 Per Share | Disposition | 2015-02-20 | 56,500 | $3.25 | 5,011,048 | No | 4 | S | Indirect | By Levan Partners, LLC |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
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 | 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 | 1,335,267 | Direct | |
Class B Common Stock, Par Value $0.01 Per Share | 1,684,571 | 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
- These sales were effected pursuant to the previously disclosed Rule 10b5-1 Trading Plans entered into by the reporting person and Levan Partners, LLC on September 19, 2014.
- 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.
- Includes 416,135 shares now held by the reporting person as shares of Class A Common Stock, but which were previously included as part of the reporting person's holdings of shares of Class B Common Stock. 334,885 of such Class B shares were transferred during October 2014 from Levan BFC Stock Partners, LP (through which the reporting person indirectly beneficially owned the shares) to the reporting person so that they were held directly by him. Those 334,885 shares together with an additional 81,250 Class B shares owned directly by the reporting person were subsequently converted into shares of Class A Common Stock pursuant to the previously disclosed conversion feature of the issuer's Class B Common Stock as described in footnote 2 above.
- Reflects the conversion of shares of Class B Common Stock into shares of Class A Common Stock as set forth in footnote 3 above.