BBX CAPITAL CORP 4
4 · BBX CAPITAL CORP · Filed Dec 19, 2016
Insider Transaction Report
Form 4
BFC FINANCIAL CORP
10% Owner
Transactions
- Purchase
Class A Common Stock, par value $0.01 per share
2016-12-15+3,073,984→ 0 total
Footnotes (1)
- [F1]All of the issuer's Class A Common Stock was canceled in connection with a merger of the issuer into a wholly owned subsidiary of the reporting person on December 15, 2016. Pursuant to the terms of the merger agreement, each outstanding share of the issuer's Class A Common Stock (other than shares owned by the reporting person) was converted into the right to receive, at the election of the holder thereof, $20.00 in cash, without interest, or 5.4 shares of the reporting person's Class A Common Stock. On December 15, 2016, the closing price of the reporting person's Class A Common Stock, as quoted on the OTCQB, was $3.95 per share.