Lopez Raymond Scott 4
4 · BLUEGREEN VACATIONS CORP · Filed May 7, 2021
Insider Transaction Report
Form 4
Lopez Raymond Scott
SVP & Chief Accounting Officer
Transactions
- Disposition to Issuer
Common Stock, par value $0.01 per share
2021-05-05−3,500→ 0 total
Footnotes (2)
- [F1]On May 5, 2021, Bluegreen Vacations Holding Corporation ("BVH") acquired all of the approximately 7% of the outstanding shares of common stock of Bluegreen Vacations Corporation ("Bluegreen") not already beneficially owned by BVH pursuant to a statutory, short-form merger under Florida law. As a result of the merger, Bluegreen has become an indirect, wholly owned subsidiary of BVH and each share of Bluegreen's common stock outstanding at the effective time of the merger (other than shares beneficially owned by BVH) was converted into the right to receive 0.51 shares of BVH's Class A Common Stock. In connection with the merger, the reporting person received 1,785 shares of BVH's Class A Common Stock in exchange for the 3,500 shares of Bluegreen's common stock that he owned at the effective time of the merger.
- [F2]On May 5, 2021, the effective date of the merger, the closing price of BVH's Class A Common Stock on the New York Stock Exchange was $18.30 per share.