JARETT LEVAN - 31 Jan 2024 Form 4 Insider Report for BBX Capital, Inc. (BBXIA)

Role
CEO and President, Director, 10%+ Owner
Signature
/s/ Brett Sheppard, Chief Financial Officer, BBX Capital Inc., Attorney-in-Fact for Jarett Levan
Issuer symbol
BBXIA
Transactions as of
31 Jan 2024
Net transactions value
+$4,602,577
Form type
4
Filing time
02 Feb 2024, 15:13:48 UTC
Previous filing
17 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBXIA/B Class A Common Stock, par value $0.01 per share Other $0 +17,622 +2.8% $0.000000 643,866 31 Jan 2024 Direct F1, F2, F3
transaction BBXIA/B Class A Common Stock, par value $0.01 per share Other $0 +29,748 $0.000000 29,748 31 Jan 2024 Jarett Levan Investment Trust U/A DTD 12/2/1998 F1, F2, F3
transaction BBXIA/B Class A Common Stock, par value $0.01 per share Purchase $65,749 +5,934 +20% $11.08 35,682 02 Feb 2024 Jarett Levan Investment Trust U/A DTD 12/2/1998 F1, F2, F4
transaction BBXIA/B Class A Common Stock, par value $0.01 per share Other $0 +91,096 $0.000000 91,096 31 Jan 2024 Jarett Levan Children's Trust DTD 12/2/1998 F1, F2, F3
transaction BBXIA/B Class A Common Stock, par value $0.01 per share Purchase $4,536,828 +409,461 +449% $11.08 500,557 02 Feb 2024 Jarett Levan Childrens' Trust DTD 12/2/1998 F1, F2, F4
holding BBXIA/B Class A Common Stock, par value $0.01 per share 480 31 Jan 2024 By reporting person as UTMA custodian for children F1
holding BBXIA/B Class B Common Stock, par value $0.01 per share 4,271 31 Jan 2024 Jarett Levan Investment Trust U/A 12/2/1998 F1
holding BBXIA/B Class B Common Stock, par value $0.01 per share 13,078 31 Jan 2024 By reporting person as UTMA custodian for children F1
holding BBXIA/B Class B Common Stock, par value $0.01 per share 660,616 31 Jan 2024 Direct 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, a shareholder of the issuer and affiliate of the reporting person, distributed to its members, including the reporting person and his investment trust, and UTMA for his children, all 986,197 shares of the issuer's Class A Common Stock that it owned. Following receipt of the shares distributed by Levan Partners, LLC, certain members of Levan Partners, LLC sold 415,395 shares of the issuer's Class A Common Stock to the reporting person in privately-negotiated transactions at a price of $11.08 per share.
F3 Represents the shares received from Levan Partners, LLC in connection with the distribution of its shares of the issuer's Class A Common Stock, as described in footnote 2.
F4 Represents the shares of the issuer's Class A Common Stock purchased from other members of Levan Partners, LLC as described in footnote 2.