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
- 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.
- Represents the closing price of the issuer's Class A Common Stock on September 29, 2015.
- 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.
- 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.