Filing Details

Accession Number:
0000315858-15-000071
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-10-02 18:00:06
Reporting Period:
2015-09-30
Filing Date:
2015-10-02
Accepted Time:
2015-10-02 18:00:06
SEC Url:
Form 4 Filing
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
1199944 Jarett Levan 401 East Las Olas Boulevard
Suite 800
Fort Lauderdale FL 33301
Executive Vice President Yes Yes No 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 2015-09-30 151,056 $2.80 766,013 No 4 F Direct
Class B Common Stock, Par Value $0.01 Per Share Acquisiton 2015-09-30 204,413 $0.00 1,108,815 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 F Direct
No 4 P Direct
Footnotes
  1. Represents shares surrendered to the issuer to satisfy the issuer's tax withholding obligation relating to the vesting on September 30, 2015 of certain previously reported restricted stock awards granted to the reporting person. These shares have been cancelled and retired by the issuer.
  2. Represents the closing price of the issuer's Class A Common Stock on September 29, 2015.
  3. 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.
  4. Pursuant to the previously disclosed Share Exchange Agreement entered into by the reporting person and the issuer on September 4, 2015, on September 30, 2015, the reporting person received 204,413 shares of the issuer's Class B Common Stock in exchange for 37,213 shares of Class A Common Stock of BBX Capital Corporation ("BBX Capital"). The closing price of the issuer's Class B Common Stock and BBX Capital's Class A Common Stock on September 29, 2015 was $2.88 per share and $15.82 per share, respectively.