SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant To Section 13 or 15(D) of The
Securities Exchange Act of 1934
Date of Report
May 7, 2004
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(Date of earliest event reported)
Commission File Number
333-72213
BFC Financial Corporation
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(Exact name of registrant as specified in its Charter)
Florida
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(State of Incorporation)
59-2022158
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(IRS Employer Identification Number)
1750 East Sunrise Boulevard
Fort Lauderdale, FL
33304
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(Address of Principal Executive Offices)
(954) 760-5200
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Registrant's telephone number
Item 5. Other Events
On May 7, 2004, the Board of Directors of BFC Financial Corporation announced
that its Board of Directors has declared a five for-four common stock split,
effected in the form of a 25 percent common stock dividend. The stock dividend
is payable in Class A stock to both Class A and Class B common stockholders of
record at the close of trading on May 17, 2004. The Board has set the payment
date for May 25, 2004. Fractional shares will be rounded up to the next whole
share of Class A common stock.
Due to accounting and tax considerations, with respect to options to purchase
Class B stock previously granted under the Company's stock option plan, the
stock split dilution adjustments, with regard to these Class B options, will be
made in Class B stock.
Item 7. Financial Statements and Exhibits
(c) Exhibits
99.1 Press Release dated November 10, 2003
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
BFC Financial Corporation
By: /s/ Glen R. Gilbert
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Name: Glen R. Gilbert
Title: Executive Vice President
Dated: May 7, 2004