Woodbridge Holdings Corp (Formerly Levitt Corp) 4
4 · Woodbridge Holdings Corp (Formerly Levitt Corp) · Filed Sep 23, 2009
Insider Transaction Report
Form 4
SCHERER WILLIAM R JR
Director
Transactions
- Other
Class A Common Stock, par value $0.01 per share
2009-09-21−37,850→ 0 total - Other
Class A Common Stock, par value $0.01 per share
2009-09-21−56→ 0 total(indirect: By Spouse)
Footnotes (2)
- [F1]On September 21, 2009, the issuer was merged with and into a wholly-owned subsidiary of BFC Financial Corporation ("BFC") and each oustanding share of the issuer's Class A Common Stock (other than shares owned by BFC) was converted into the right to receive 3.47 shares of BFC's Class A Common Stock. Prior to the merger, BFC owned shares of the issuer's Class A Common Stock and Class B Common Stock representing approximately 24% of the issuer's total common equity and 59% of the issuer's total voting power.
- [F2]Exchanged in the merger for an aggregate of 131,535 shares of BFC's Class A Common Stock. On the effective date of the merger, the closing price of BFC's Class A Common Stock, as quoted on the Pink Sheets Electronic Quotation System, was $0.41 per share.