Sec Form 4 Filing - LEVAN ALAN B @ BBX Capital Corp - 2017-09-30

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
LEVAN ALAN B
2. Issuer Name and Ticker or Trading Symbol
BBX Capital Corp [ BBX/BBXTB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last) (First) (Middle)
401 EAST LAS OLAS BOULEVARD, SUITE 800
3. Date of Earliest Transaction (MM/DD/YY)
09/30/2017
(Street)
FORT LAUDERDALE, FL33301
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock, par value $0.01 per share 09/30/2017 F 178,236 ( 1 ) D $ 7.37 ( 2 ) 3,531,441 ( 3 ) D
Class B Common Stock, par value $0.01 per share 09/30/2017 F 3,949 ( 1 ) D $ 7.32 ( 4 ) 3,506,707 ( 3 ) D
Class A Common Stock, par value $0.01 per share 10/01/2017 F 185,711 ( 5 ) D $ 7.37 ( 2 ) 3,345,730 ( 3 ) D
Class B Common Stock, par value $0.01 per share 10/01/2017 F 35,746 ( 5 ) D $ 7.32 ( 4 ) 3,470,961 ( 3 ) D
Class A Common Stock, par value $0.01 per share 5,012,020 ( 3 ) I By Levan Partners, LLC
Class A Common Stock, par value $0.01 per share 1,270,294 ( 3 ) I By Florida Partners Corporation
Class A Common Stock, par value $0.01 per share 11,440 ( 3 ) I By spouse
Class A Common Stock, par value $0.01 per share 12,237 I By Jarett Levan Children's Trust
Class A Common Stock, par value $0.01 per share 12,237 I By Donald Levan Children's Trust
Class A Common Stock, par value $0.01 per share 12,237 I By Rachelle Levan Children's Trust
Class B Common Stock, par value $0.01 per share 1,684,571 ( 3 ) I By Levan BFC Stock Partners, LP
Class B Common Stock, par value $0.01 per share 707,882 ( 3 ) I By Levan Partners, LLC
Class B Common Stock, par value $0.01 per share 133,314 ( 3 ) I By Florida Partners Corporation
Class B Common Stock, par value $0.01 per share 1,200 ( 3 ) I By spouse
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
LEVAN ALAN B
401 EAST LAS OLAS BOULEVARD
SUITE 800
FORT LAUDERDALE, FL33301
X X Chief Executive Officer
Signatures
/s/ Raymond S. Lopez, Chief Financial Officer, BBX Capital Corporation, Attorney-in-Fact for Alan B. Levan 10/03/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents shares surrendered to the issuer to satisfy the issuer's tax withholding obligation relating to the vesting on September 30, 2017 of certain restricted stock awards previously granted to the reporting person. These shares have been cancelled and retired by the issuer.
( 2 )Represents the closing price of the issuer's Class A Common Stock on September 29, 2017, the last trading day prior to the transaction date.
( 3 )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.
( 4 )Represents the closing price of the issuer's Class B Common Stock on September 29, 2017, the last trading day prior to the transaction date.
( 5 )Represents shares surrendered to the issuer to satisfy the issuer's tax withholding obligation relating to the vesting on October 1, 2017 of certain restricted stock awards previously granted to the reporting person. These shares have been cancelled and retired by the issuer.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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