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 OF SECURITIES 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 BANKATLANTIC BANCORP INC [BBX] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director __X__ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chairman of the Board and CEO (Last) (First) (Middle) 2100 W. CYPRESS CREEK RD. 3. Date of Earliest Transaction (Month/Day/Year) 06/16/2011 (Street) FT. LAUDERDALE, FL 33309 4. If Amendment, Date Original Filed(Month/Day/Year) 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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 06/16/2011   X   754 A $ 0.75 1,962 I By Levan Enterprises, Ltd. Class A Common Stock 06/16/2011   X   507 A $ 0.75 1,318 I By Levan Partners, LLC Class A Common Stock               366,982 D   Class A Common Stock               290,350 I By Levan BBX Stock Partners, LP Class A Common Stock               15,993 I By 401(k) Plan

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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 (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

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 (Month/Day/Year)

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

Subscription Rights (Right to Buy)

$ 0.75

06/16/2011

X

754

05/16/2011

06/16/2011

Class A Common Stock

754

$ 0

0

I

By Levan Enterprises, Ltd.

Subscription Rights (Right to Buy)

$ 0.75

06/16/2011

X

507

05/16/2011

06/16/2011

Class A Common Stock

507

$ 0

0

I

By Levan Partners, LLC

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
LEVAN ALAN B 2100 W. CYPRESS CREEK RD. FT. LAUDERDALE, FL 33309	X	X	Chairman of the Board and CEO

Signatures

Valerie C. Toalson, EVP CFO, BankAtlantic Bancorp, Inc., Attorney-in-Fact for Alan B. Levan		06/24/2011
**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
Remarks: Remarks:  Mr. Levan may also be deemed to be the beneficial owner of the shares of the issuer's Class A Common Stock and Class B Common Stock owned by BFC Financial Corporation ("BFC"), a public company which Mr. Levan may be deemed to control.  BFC currently holds 40,666,761 shares of the issuer's Class A Common Stock (including 13,333,333 shares purchased in the issuer's rights offering which expired on June 16, 2011) and 975,225 shares of the issuer's Class B Common Stock which are convertible at any time in BFC's discretion on a share-for-share basis into the issuer's Class A Common Stock.

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