BBX CAPITAL CORP 4
4 · BBX CAPITAL CORP · Filed Dec 19, 2016
Insider Transaction Report
Form 4
WISE SETH M
Executive Vice President
Transactions
- Disposition to Issuer
Class A Common Stock, par value $0.01 per share
2016-12-15$20.00/sh−33$660→ 156,260 total - Disposition to Issuer
Class A Common Stock, par value $0.01 per share
2016-12-15−156,260→ 0 total - Disposition to Issuer
Class A Common Stock, par value $0.01 per share
2016-12-15$20.00/sh−12,010$240,200→ 0 total(indirect: By Trust)
Footnotes (3)
- [F1]Disposed of pursuant to the merger agreement between the issuer and BFC Financial Corporation ("BFC") at a price of $20.00 per share.
- [F2]Includes restricted stock units of 156,260 shares of the issuer's Class A Common Stock disposed of pursuant to the merger agreement between the issuer and BFC Financial Corporation (the "Merger Agreement") in exchange for restricted stock units of 843,804 shares of BFC's Class A Common Stock.
- [F3]On December 15, 2016, the effective date of the merger, the closing price of BFC's Class A Common Stock, as quoted on the OTCQB, was $3.95 per share.