SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

WINNINGHAM CHARLIE C II

(Last)

(First)

(Middle)

1750 E. SUNRISE BLVD.

(Street)

FT. LAUDERDALE

33304

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
BANKATLANTIC BANCORP INC [ BBX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/10/2005

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	01/10/2005		M		18,340	A	$4.1581	61,043	I	Winningham Trust⁽²⁾
Class A Common Stock	01/10/2005		M		18,340	A	$5.0857	79,383	I	Winningham Trust⁽²⁾
Class A Common Stock	01/10/2005		M		6,531	A	$2.8232	85,914	I	Winningham Trust⁽²⁾
Class A Common Stock	01/10/2005		M		6,531	A	$2.9664	92,445	I	Winningham Trust⁽²⁾
Class A Common Stock	01/10/2005		M		6,531	A	$8.5585	98,976	I	Winningham Trust⁽²⁾
Class A Common Stock	01/10/2005		M		6,531	A	$7.4103	105,507	I	Winningham Trust⁽²⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Options to Buy Class A Common Stock	$4.1581	01/10/2005		M			18,340	⁽¹⁾	05/22/2006	Class A Common Stock	18,340	$0	0	I	Winningham Trust⁽²⁾
Options to Buy Class A Common Stock	$5.0857	01/10/2005		M			18,340	⁽¹⁾	05/01/2007	Class A Common Stock	18,340	$0	0	I	Winningham Trust⁽²⁾
Options to Buy Class A Common Stock	$2.8232	01/10/2005		M			6,531	⁽¹⁾	05/02/2010	Class A Common Stock	6,531	$0	0	I	Winningham Trust⁽²⁾
Options to Buy Class A Common Stock	$2.9664	01/10/2005		M			6,531	⁽¹⁾	01/02/2011	Class A Common Stock	6,531	$0	0	I	Winningham Trust⁽²⁾
Options to Buy Class A Common Stock	$8.5585	01/10/2005		M			6,531	⁽¹⁾	03/04/2012	Class A Common Stock	6,531	$0	0	I	Winningham Trust⁽²⁾
Options to Buy Class A Common Stock	$7.4103	01/10/2005		M			6,531	⁽¹⁾	03/31/2013	Class A Common Stock	6,531	$0	0	I	Winningham Trust⁽²⁾

Explanation of Responses:

1. Options are currently exercisable.

2. Winningham Trust dated July 6, 1998, Charlie C. Winningham II and Rose Marie Winningham, Co-Trustees

Remarks:

	Charlie C. Winningham II	01/11/2005
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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