Filing Details

Accession Number:
0000315858-14-000031
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-06-06 18:57:40
Reporting Period:
2014-06-05
Filing Date:
2014-06-06
Accepted Time:
2014-06-06 18:57:40
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
315858 Bfc Financial Corp BFCF/BFCFB Savings Institution, Federally Chartered (6035) 592022148
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1199943 B Alan Levan 401 East Las Olas Boulevard
Suite 800
Fort Lauderdale FL 33301
Chairman, Ceo & President Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock, Par Value $0.01 Per Share Disposition 2014-06-05 27,300 $3.76 5,225,848 No 4 S Indirect By Levan Partners, LLC
Class A Common Stock, Par Value $0.01 Per Share Disposition 2014-06-06 55,000 $3.79 5,170,848 No 4 S Indirect By Levan Partners, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Levan Partners, LLC
No 4 S Indirect By Levan Partners, LLC
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock, Par Value $0.01 Per Share 2,438,763 Direct
Class A Common Stock, Par Value $0.01 Per Share 1,270,294 Indirect By Florida Partners Corporation
Class A Common Stock, Par Value $0.01 Per Share 11,440 Indirect By spouse
Class A Common Stock, Par Value $0.01 Per Share 12,237 Indirect By Jarett Levan Children's Trust
Class A Common Stock, Par Value $0.01 Per Share 12,237 Indirect By Donald Levan Children's Trust
Class A Common Stock, Par Value $0.01 Per Share 12,237 Indirect By Rachelle Levan Children's Trust
Class B Common Stock, Par Value $0.01 Per Share 385,579 Direct
Class B Common Stock, Par Value $0.01 Per Share 2,019,456 Indirect By Levan BFC Stock Partners, LP
Class B Common Stock, Par Value $0.01 Per Share 707,882 Indirect By Levan Partners, LLC
Class B Common Stock, Par Value $0.01 Per Share 133,314 Indirect By Florida Partners Corporation
Class B Common Stock, Par Value $0.01 Per Share 1,200 Indirect By spouse
Footnotes
  1. 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.
  2. The sales reported on this Form 4 were effected pursuant to the previously disclosed Rule 10b5-1 Trading Plan entered into by Levan Partners, LLC on March 18, 2014.
  3. Represents the weighted average sales price. Shares were sold in multiple transactions on June 5, 2014 at prices ranging from $3.76 per share to $3.77 per share, inclusive. Shares were sold in multiple transactions on June 6, 2014 at prices ranging from $3.77 per share to $3.80 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.