6,498,648 Shares Bluegreen Vacations Corporation Common Stock UNDERWRITING AGREEMENTUnderwriting Agreement • November 21st, 2017 • BBX Capital Corp • Real estate • New York
Bluegreen Vacations Corporation, a Florida corporation (the “Company”), proposes to issue and sell to the several underwriters named in Schedule I hereto (the “Underwriters”) for whom Stifel, Nicolaus & Company, Incorporated (“Stifel”) and Credit Suisse Securities (USA) LLC (“Credit Suisse”) are acting as representatives (together, “you” or the “Representatives”), and the shareholder of the Company named in Schedule II hereto (the “Selling Shareholder”) proposes to sell to the Underwriters, an aggregate of 6,498,648 shares (the “Firm Shares”) of the Company’s common stock, par value $0.01 per share (“Common Stock”), of which 3,736,723 shares are to be issued and sold by the Company and 2,761,925 shares are to be sold by the Selling Shareholder. The Selling Shareholder also proposes to sell to the Underwriters, at the option of the Underwriters, up to an additional 974,797 shares of Common Stock (the “Option Shares” and, together with the Firm Shares, the “Shares”).
