Filing Details
- Accession Number:
- 0000921768-16-000130
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-10-04 19:07:49
- Reporting Period:
- 2016-09-30
- Filing Date:
- 2016-10-04
- Accepted Time:
- 2016-10-04 19:07:49
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
921768 | Bbx Capital Corp | BBX | Real Estate (6500) | 650507804 |
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 | Acting Chief Executive Officer | 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 | 2016-09-30 | 25,648 | $20.56 | 223,757 | No | 4 | F | Direct | |
Class A Common Stock, Par Value $0.01 Per Share | Disposition | 2016-09-30 | 37,956 | $0.00 | 185,801 | No | 4 | S | Direct | |
Class A Common Stock, Par Value $0.01 Per Share | Disposition | 2016-10-03 | 7,214 | $20.63 | 178,587 | No | 4 | F | Direct | |
Class A Common Stock, Par Value $0.01 Per Share | Disposition | 2016-10-03 | 9,981 | $0.00 | 168,606 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | F | Direct | |
No | 4 | S | Direct | |
No | 4 | F | Direct | |
No | 4 | S | Direct |
Footnotes
- Represents shares surrendered to the issuer to satisfy the issuer's tax withholding obligation relating to the vesting on September 30, 2016 of certain previously reported restricted stock units 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, 2016.
- Represents shares acquired by BFC Financial Corporation in exchange for BFC's issuance to the reporting person of 204,962 shares of its Class B Common Stock in accordance with the Share Exchange Agreement dated September 4, 2015 between the parties pursuant to which, in connection with any option exercised by BFC thereunder, the reporting person is entitled to receive shares of BFC's Class A or Class B Common Stock having a market value equal to the market value of the shares of the issuer's Class A Common Stock acquired by BFC upon the option exercise, subject to a maximum of 5.4 shares of BFC's Class A or Class B Common Stock for each share of the issuer's Class A Common Stock. BFC's board of directors approved the exercise of BFC's option with respect to the shares of the issuer's Class A Common Stock subject to restricted stock units which vested on September 30, 2016 and the issuance of shares of BFC's Class B Common Stock in exchange therefor.
- The closing price of the issuer's Class A Common Stock on September 29, 2016 and September 30, 2016 was $20.56 and $20.63, respectively. The closing price of BFC's Class B Common Stock was $3.65 on each of September 29, 2016 and September 30, 2016. Based on such closing prices, BFC issued to the reporting person 5.4 shares of its Class B Common Stock in exchange for each share of the issuer's Class A Common Stock received by BFC on September 30, 2016 and October 3, 2016.
- Represents shares surrendered to the issuer to satisfy the issuer's tax withholding obligation relating to the vesting on October 3, 2016 of certain previously reported restricted stock units 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 30, 2016, the last trading day prior to October 3, 2016.
- Represents shares acquired by BFC in exchange for BFC's issuance to the reporting person of 53,897 shares of its Class B Common Stock pursuant to the Share Exchange Agreement described above. BFC's board of directors approved the exercise of BFC's option with respect to the shares of the issuer's Class A Common Stock subject to restricted stock units which vested on October 3, 2016 and the issuance of shares of BFC's Class B Common Stock in exchange therefor.
- The closing price of the issuer's Class A Common Stock on September 29, 2016, September 30, 2016 and October 3, 2016 was $20.56, $20.63 and $20.62, respectively. The closing price of BFC's Class B Common Stock was $3.65 on each of September 29, 2016, September 30, 2016 and October 3, 2016. Based on such closing prices, BFC issued to certain individuals of the issuer 5.4 shares of its Class B Common Stock in exchange for each share of the issuer's Class A Common Stock received by BFC on September 30, 2016 through October 4, 2016.