SETH M. WISE - 01 Oct 2022 Form 4 Insider Report for BBX Capital, Inc. (BBXIA)

Signature
/s/Brett Sheppard, Chief Financial Officer, BBX Capital Inc., Attorney-in-Fact for Seth Wise
Issuer symbol
BBXIA
Transactions as of
01 Oct 2022
Transactions value $
-$214,867
Form type
4
Filing time
04 Oct 2022, 11:03:07 UTC
Previous filing
22 Mar 2022
Next filing
19 Jan 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 -$215K -26.9K -6.85% $7.99 366K 01 Oct 2022 Direct F1, F2, F3
holding BBXIA Class A Common Stock, par value $0.01 per share 50 01 Oct 2022 By Spouse's IRA F3
holding BBXIA Class A Common Stock, par value $0.01 per share 14 01 Oct 2022 By IRA F3
holding BBXIA Class B Common Stock, par value $0.01 per share 335K 01 Oct 2022 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 30, 2022, 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.