Filing Details

Accession Number:
0000315858-14-000034
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-06-18 17:17:56
Reporting Period:
2014-06-16
Filing Date:
2014-06-18
Accepted Time:
2014-06-18 17:17:56
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
1199936 E John Abdo 401 East Las Olas Boulevard
Suite 800
Fort Lauderdale FL 33301
Vice Chairman 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 2014-06-16 150,000 $3.76 3,548,241 No 4 S Indirect By John E. Abdo Trust under Trust Agreement dated 3/15/76, John E. Abdo, Trustee
Class A Common Stock, Par Value $0.01 Per Share Disposition 2014-06-17 4,000 $3.76 3,544,241 No 4 S Indirect By John E. Abdo Trust under Trust Agreement dated 3/15/76, John E. Abdo, Trustee
Class A Common Stock, Par Value $0.01 Per Share Disposition 2014-06-17 146,300 $3.75 3,397,941 No 4 S Indirect By John E. Abdo Trust under Trust Agreement dated 3/15/76, John E. Abdo, Trustee
Class A Common Stock, Par Value $0.01 Per Share Disposition 2014-06-18 186,900 $3.75 3,211,041 No 4 S Indirect By John E. Abdo Trust under Trust Agreement dated 3/15/76, John E. Abdo, Trustee
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By John E. Abdo Trust under Trust Agreement dated 3/15/76, John E. Abdo, Trustee
No 4 S Indirect By John E. Abdo Trust under Trust Agreement dated 3/15/76, John E. Abdo, Trustee
No 4 S Indirect By John E. Abdo Trust under Trust Agreement dated 3/15/76, John E. Abdo, Trustee
No 4 S Indirect By John E. Abdo Trust under Trust Agreement dated 3/15/76, John E. Abdo, Trustee
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock, Par Value $0.01 Per Share 2,136,481 Direct
Class B Common Stock, Par Value $0.01 Per Share 3,273,797 Indirect By John E. Abdo Trust under Trust Agreement dated 3/15/76, John E. Abdo, Trustee
Footnotes
  1. Subject to certain exceptions, the shares of the issuer's Class B Common Stock beneficially owned by the reporting person are convertible on a share-for-share basis into the issuer's Class A Common Stock at any time in the reporting person's discretion.
  2. The sales reported on this Form 4 were effected pursuant to the Rule 10b5-1 Trading Plan entered into by the reporting person, as Trustee for the John E. Abdo Trust, on May 30, 2014.
  3. Represents the weighted average sales price. Shares were sold in multiple transactions at prices ranging from $3.75 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 range set forth in this footnote.