4//SEC Filing
Pontius David L 4
Accession 0001181431-11-056284
CIK 0000778946other
Filed
Nov 14, 7:00 PM ET
Accepted
Nov 15, 5:47 PM ET
Size
9.8 KB
Accession
0001181431-11-056284
Insider Transaction Report
Form 4
Pontius David L
President, Bluegreen Services
Transactions
- Disposition to Issuer
Bluegreen Corporation Common Stock, $0.01 par
2011-11-11$1.39/sh−168,891$234,758→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2011-11-11−112,500→ 0 totalExercise: $7.50From: 2011-10-26Exp: 2015-05-21→ Bluegreen Corporation Common Stock, $0.01 par (112,500 underlying) - Award
Stock Option (Right to Buy)
2011-11-11+112,500→ 112,500 totalExercise: $7.50From: 2011-10-26Exp: 2011-11-25→ Bluegreen Corporation Common Stock, $0.01 par (112,500 underlying)
Footnotes (3)
- [F1]Represents unvested restricted shares of the issuer's common stock which were relinquished by the reporting person (and canceled by the issuer) in exchange for cash payments totaling $235,200 to be made to the reporting person in two equal installments on December 31, 2011 and December 31, 2012.
- [F2]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option, which was originally granted on May 21, 2008, was amended solely to change its expiration date from May 21, 2015 to November 25, 2011.
- [F3]The vesting date of the option was previously accelerated by the compensation committee of the issuer's board of directors from May 21, 2013 (or earlier under certain circumstances) to October 26, 2011.
Documents
Issuer
BLUEGREEN CORP
CIK 0000778946
Entity typeother
Related Parties
1- filerCIK 0001400167
Filing Metadata
- Form type
- 4
- Filed
- Nov 14, 7:00 PM ET
- Accepted
- Nov 15, 5:47 PM ET
- Size
- 9.8 KB