Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective October 1, 2020, John E. Abdo has become executive Vice Chairman of
Bluegreen Vacations Corporation (the "Company"). Mr. Abdo, age 77, has served as
Vice Chairman of the Company since 2002, but previously in a non-executive
capacity. In addition, from December 2015 to May 2017, he served as
non-executive Acting Chairman of the Company's Board of Directors. Mr. Abdo is
also executive Vice Chairman of Bluegreen Vacations Holding Corporation
(formerly BBX Capital Corporation) ("BVH"), which owns approximately 93% of the
Company's outstanding common stock, and BBX Capital, Inc., which was spun-off by
BVH on September 30, 2020.
The Company's Compensation Committee has approved an initial annual base salary
of $950,000 for Mr. Abdo.
Item 5.08 Shareholder Director Nominations.
The Company's 2020 Annual Meeting of Shareholders is scheduled to be held on
November 18, 2020. Because such date is more than 30 days following the
anniversary of the Company's 2019 Annual Meeting of Shareholders, the deadline
for any shareholder proposal, including director nomination, intended to be
considered at the Company's 2020 Annual Meeting of Shareholders has been
extended. As a result of such extension and pursuant to the Company Bylaws,
written notice from a shareholder interested in bringing business before the
Company's 2020 Annual Meeting of Shareholders or nominating a director candidate
for election at the Company's 2020 Annual Meeting of Shareholders, including any
notice on Schedule 14N, must be received at the Company's principal executive
offices at 4960 Conference Way North, Suite 100, Boca Raton, Florida 33431, by
no later than 5:00 p.m., Eastern time, on October 13, 2020. Any such written
notice must be directed to the attention of the Company's Secretary and comply
with the applicable advance notice provisions of the Company's Bylaws.
Shareholder proposals intended to be considered for inclusion in the Company's
proxy materials for its 2020 Annual Meeting of Shareholders must comply with the
requirements, including the deadline, set forth above as well as all applicable
rules and regulations promulgated by the Securities and Exchange Commission
under the Securities Exchange Act of 1934, as amended.
?
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses
BLUEGREEN VACATIONS CORPORATION 
