Siegel David A 4

4 · BLUEGREEN CORP · Filed Mar 23, 2007

Insider Transaction Report

Form 4

Period: 2007-03-21

BLUEGREEN CORPBXG

Siegel David A

10% OwnerOther

Transactions

Sale
Call Option (Obligation to Sell)
2007-03-21$0.70/sh+300$210→ 7,380 total(indirect: See Footnote)
Exercise: $12.50From: 2007-03-21Exp: 2007-11-17→ Common Stock (30,000 underlying)
Sale
Call Option (Obligation to Sell)
2007-03-21$0.45/sh+200$90→ 7,580 total(indirect: See Footnote)
Exercise: $12.50From: 2007-03-21Exp: 2007-08-17→ Common Stock (20,000 underlying)

Holdings

Call Option (Obligation to Sell)
(indirect: See Footnote)
Exercise: $12.50From: 2006-12-26Exp: 2007-08-17→ Common Stock (32,000 underlying)
320
Call Option (Obligation to Sell)
(indirect: See Footnote)
Exercise: $12.50From: 2007-01-03Exp: 2007-05-18→ Common Stock (219,300 underlying)
2,193
Call Option (Obligation to Sell)
(indirect: See Footnote)
Exercise: $15.00From: 2006-11-17Exp: 2007-05-18→ Common Stock (208,800 underlying)
2,088
Call Option (Obligation to Sell)
(indirect: See Footnote)
Exercise: $12.50From: 2007-01-23Exp: 2007-08-17→ Common Stock (8,000 underlying)
80
Call Option (Obligation to Sell)
(indirect: See Footnote)
Exercise: $15.00From: 2007-01-12Exp: 2007-08-17→ Common Stock (21,000 underlying)
210
Call Option (Obligation to Sell)
(indirect: See Footnote)
Exercise: $12.50From: 2007-03-21Exp: 2007-08-17→ Common Stock (20,200 underlying)
202
Call Option (Obligation to Sell)
(indirect: See Footnote)
Exercise: $15.00From: 2007-01-10Exp: 2007-08-17→ Common Stock (12,000 underlying)
120
Call Option (Obligation to Sell)
(indirect: See Footnote)
Exercise: $12.50From: 2007-02-09Exp: 2007-05-18→ Common Stock (7,400 underlying)
74
Call Option (Obligation to Sell)
(indirect: See Footnote)
Exercise: $15.00From: 2007-01-03Exp: 2007-08-17→ Common Stock (50,000 underlying)
500
Common Stock
(indirect: See Footnote)
9,020,396
Call Option (Obligation to Sell)
(indirect: See Footnote)
Exercise: $12.50From: 2007-01-10Exp: 2007-05-18→ Common Stock (16,000 underlying)
160
Call Option (Obligation to Sell)
(indirect: See Footnote)
Exercise: $12.50From: 2007-01-22Exp: 2007-05-18→ Common Stock (20,000 underlying)
200

Footnotes (2)

[F1]The reporting of such derivative securities shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes other than Section 16 of the Securities Exchange Act of 1934, as amended.
[F2]David A. Siegel ("Mr. Siegel") beneficially owns the securities held by Central Florida Investments Inc. ("CFI") because Mr. Siegel controlls the David A. Siegel Revocable Trust ("Siegel Trust") and CFI.

Documents

1 file

4
doc1.xmlPrimary
FORM 4