Seth Wise - Oct 1, 2023 Form 4 Insider Report for BBX Capital, Inc. (BBXIA)

Role
Executive Vice President, Director
Signature
/s/ Jarett Levan, Chief Executive Officer and President, BBX Capital Inc., Attorney-in-Fact for Seth M. Wise
Stock symbol
BBXIA
Transactions as of
Oct 1, 2023
Transactions value $
-$304,466
Form type
4
Date filed
10/2/2023, 04:33 PM
Previous filing
Mar 21, 2023
Next filing
Dec 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBXIA Class A Common Stock, par value $0.01 per share Tax liability -$304K -42.3K -8.92% $7.20 432K Oct 1, 2023 Direct F1, F2, F3
holding BBXIA Class A Common Stock, par value $0.01 per share 50 Oct 1, 2023 By Spouse's IRA F3
holding BBXIA Class A Common Stock, par value $0.01 per share 14 Oct 1, 2023 By IRA F3
holding BBXIA Class B Common Stock, par value $0.01 per share 335K Oct 1, 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares surrendered to the issuer to satisfy the issuer's tax withholding obligation relating to the vesting on the transaction date of certain restricted stock awards previously granted to the reporting person. These shares have been cancelled and retired by the issuer.
F2 Represents the closing price of the issuer's Class A Common Stock on September 29, 2023, the last day of trading prior to the transaction date.
F3 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.