0000315858-16-000135.txt : 20161219
0000315858-16-000135.hdr.sgml : 20161219
20161219150940
ACCESSION NUMBER: 0000315858-16-000135
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20161215
FILED AS OF DATE: 20161219
DATE AS OF CHANGE: 20161219
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: BFC FINANCIAL CORP
CENTRAL INDEX KEY: 0000315858
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500]
IRS NUMBER: 592022148
STATE OF INCORPORATION: FL
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 401 EAST LAS OLAS BLVD
STREET 2: SUITE 800
CITY: FORT LAUDERDALE
STATE: FL
ZIP: 33301
BUSINESS PHONE: 954-940-4900
MAIL ADDRESS:
STREET 1: P.O. BOX 39000
CITY: FORT LAUDERDALE
STATE: FL
ZIP: 33303
FORMER COMPANY:
FORMER CONFORMED NAME: BANKATLANTIC FINANCIAL CORP
DATE OF NAME CHANGE: 19920316
FORMER COMPANY:
FORMER CONFORMED NAME: IRE FINANCIAL CORP
DATE OF NAME CHANGE: 19880401
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LEVAN ALAN B
CENTRAL INDEX KEY: 0001199943
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09071
FILM NUMBER: 162058797
MAIL ADDRESS:
STREET 1: P. O. BOX 39000
CITY: FT LAUDERDALE
STATE: FL
ZIP: 33303
4
1
certent-form4.xml
PRIMARY DOCUMENT
X0306
4
2016-12-15
0000315858
BFC FINANCIAL CORP
BFCF/BFCFB
0001199943
LEVAN ALAN B
401 EAST LAS OLAS BOULEVARD
SUITE 800
FORT LAUDERDALE
FL
33301
0
0
1
0
Class A Common Stock, par value $0.01 per share
2016-12-15
4
A
0
1787093
0
A
3709678
D
Class A Common Stock, par value $0.01 per share
2016-12-15
4
A
0
972
0
A
5012020
I
By Levan Partners, LLC
Class A Common Stock, par value $0.01 per share
1270294
I
By Florida Partners Corporation
Class A Common Stock, par value $0.01 per share
11440
I
By spouse
Class A Common Stock, par value $0.01 per share
12237
I
By Jarett Levan Children's Trust
Class A Common Stock, par value $0.01 per share
12237
I
By Donald Levan Children's Trust
Class A Common Stock, par value $0.01 per share
12237
I
By Rachelle Levan Children's Trust
Class B Common Stock, par value $0.01 per share
2912728
D
Class B Common Stock, par value $0.01 per share
1684571
I
By Levan BFC Stock Partners, LP
Class B Common Stock, par value $0.01 per share
707882
I
By Levan Partners, LLC
Class B Common Stock, par value $0.01 per share
133314
I
By Florida Partners Corporation
Class B Common Stock, par value $0.01 per share
1200
I
By spouse
Includes 99,490 shares of the issuer's Class A Common Stock received in exchange for 18,424 shares of BBX Capital Corporation's Class A Common Stock and restricted stock units of 1,687,603 of the issuer's Class A Common Stock received in exchange for restricted stock units of 312,519 shares of BBX Capital's Class A Common Stock assumed by the issuer, in each case, in connection with the merger of BBX Capital with and into a wholly owned subsidiary of the issuer (the "Merger").
On December 15, 2016, the effective date of the Merger, the closing price of the issuer's Class A Common Stock, as quoted on the OTCQB, was $3.95 per share, and the closing price of BBX Capital's Class A Common Stock, as quoted on the New York Stock Exchange, was $20.05 per share.
Shares of the issuer's Class B Common Stock are convertible on a share-for-share basis into the issuer's Class A Common Stock at any time in the holder's discretion.
Received in exchange for 180 shares of BBX Capital's Class A Common Stock in connection with the Merger.
/s/ Raymond S. Lopez, Chief Financial Officer, BFC Financial Corporation, Attorney-in-Fact for Alan B. Levan
2016-12-19