Susan Saturday - Jan 17, 2024 Form 4 Insider Report for Bluegreen Vacations Holding Corp (BVH)

Signature
/s/ Susan Saturday
Stock symbol
BVH
Transactions as of
Jan 17, 2024
Transactions value $
$0
Form type
4
Date filed
1/17/2024, 09:55 AM
Previous filing
Jan 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BVH Class A Common Stock, $0.01 par value per share Disposed to Issuer $0 -22.8K -100% $0.00* 0 Jan 17, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Susan Saturday is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On January 17, 2024, Hilton Grand Vacations Inc. ("HGV") acquired Bluegreen Vacations Holding Corporation (the "Issuer") pursuant to that certain Agreement and Plan of Merger, dated as of November 5, 2023 (the "Merger Agreement"), by and among the Issuer, HGV and Heat Merger Sub, Inc., an indirect wholly-owned subsidiary of HGV ("Merger Sub"). In accordance with the Merger Agreement, at the effective time of the merger, (a) Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger and becoming an indirect wholly-owned subsidiary of HGV, and (b) each issued and outstanding share of Class A Common Stock and Class B Common Stock of the Issuer, including each share subject to an outstanding restricted stock award, was canceled and converted into the right to receive $75.00 per share in cash, without interest and less any applicable holding taxes.