Alan B. Levan - Jul 12, 2023 Form 4 Insider Report for BBX Capital, Inc. (BBXIA)

Role
Chairman, Director, 10%+ Owner
Signature
/s/ Brett Sheppard, Chief Financial Officer, BBX Capital Inc., Attorney-in-Fact for Alan B. Levan
Stock symbol
BBXIA
Transactions as of
Jul 12, 2023
Transactions value $
-$695,094
Form type
4
Date filed
7/13/2023, 04:43 PM
Previous filing
Mar 20, 2023
Next filing
Aug 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBXIA Class B Common Stock, par value $0.01 per share Other $0 -142K -100% $0.00* 0 Jul 12, 2023 By Levan Partners, LLC F2
transaction BBXIA Class B Common Stock, par value $0.01 per share Other $0 +2.53K +1054.17% $0.00 2.77K Jul 12, 2023 By Spouse F1, F3
transaction BBXIA Class B Common Stock, par value $0.01 per share Sale -$28.3K -2.53K -91.34% $11.20 240 Jul 12, 2023 By Spouse F1, F4
transaction BBXIA Class B Common Stock, par value $0.01 per share Other $0 +5.4K +0.62% $0.00 870K Jul 12, 2023 Direct F1, F3
transaction BBXIA Class B Common Stock, par value $0.01 per share Sale -$60.5K -5.4K -0.62% $11.20 864K Jul 12, 2023 Direct F1, F4
transaction BBXIA Class B Common Stock, par value $0.01 per share Other $0 +335 $0.00 335 Jul 12, 2023 Levan General Corp F1, F3
transaction BBXIA Class B Common Stock, par value $0.01 per share Sale -$3.75K -335 -100% $11.20 0 Jul 12, 2023 Levan General Corp F4
transaction BBXIA Class B Common Stock, par value $0.01 per share Other $0 +24.1K $0.00 24.1K Jul 12, 2023 Irrevocable Trust for Alan B. Levan F1, F3
transaction BBXIA Class B Common Stock, par value $0.01 per share Sale -$270K -24.1K -100% $11.20 0 Jul 12, 2023 Irrevocable Trust for Alan B. Levan F4
transaction BBXIA Class B Common Stock, par value $0.01 per share Other $0 +29.7K $0.00 29.7K Jul 12, 2023 Irrevocable Trust for Susana C. Levan F1, F3
transaction BBXIA Class B Common Stock, par value $0.01 per share Sale -$333K -29.7K -100% $11.20 0 Jul 12, 2023 Irrevocable Trust for Susana C. Levan F4
holding BBXIA Class A Common Stock, par value $0.01 per share 821K Jul 12, 2023 Direct F1
holding BBXIA Class A Common Stock, par value $0.01 per share 986K Jul 12, 2023 By Levan Partners, LLC F1
holding BBXIA Class A Common Stock, par value $0.01 per share 78.7K Jul 12, 2023 By Susie and Alan B. Levan Family Foundation, Inc. F1
holding BBXIA Class A Common Stock, par value $0.01 per share 7.34K Jul 12, 2023 By Levan Children's Trust F1
holding BBXIA Class B Common Stock, par value $0.01 per share 337K Jul 12, 2023 By Levan BFC Stock Partners, LP F1
holding BBXIA Class A Common Stock, par value $0.01 per share 2.34K Jul 12, 2023 By Spouse F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Levan Partners, LLC distributed to its members, including the reporting person, his spouse, respective irrevocable trusts, and Levan General Corp, all 141,577 shares of the issuer's Class B Common Stock that it owned. Following receipt of the shares, each of them sold such shares to the issuer's CEO and President in a privately-negotiated transaction at a price of $11.20 per share. The shares of the issuer's Class B Common Stock held by Levan Partners, LLC were previously reported as beneficially owned by the reporting person, as a controlling person of Levan Partners, LLC
F3 Represents the shares received from Levan Partners, LLC in connection with the distribution of its shares of the issuer's Class B Common Stock, as described in footnote 2.
F4 Represents the shares sold to the issuer's CEO and President, as described in footnote 2.