Ownership Submission
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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(Print or Type Responses)
1. Name and Address of Reporting Person *
ALLEN ANDREA WEINER
  2. Issuer Name and Ticker or Trading Symbol
BANKATLANTIC BANCORP INC [BBX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Former EVP of sub BankAtlantic
(Last)
(First)
(Middle)
1750 E. SUNRISE BLVD.
3. Date of Earliest Transaction (Month/Day/Year)
05/07/2005
(Street)

FT. LAUDERDALE, FL 33304
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               11,232 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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
Options to Buy Class A Common Stock $ 3.8172               (1) 07/09/2006 Class A Common Stock 9,170   9,170 D  
Options to Buy Class A Common Stock $ 5.2722               (1) 05/06/2007 Class A Common Stock 18,970   18,970 D  
Options to Buy Class A Common Stock $ 6.3239               (1) 08/04/2008 Class A Common Stock 15,812   15,812 D  
Options to Buy Class A Common Stock $ 4.7429               (1) 04/06/2009 Class A Common Stock 22,532   22,532 D  
Options to Buy Class A Common Stock $ 2.8232               (1) 05/02/2010 Class A Common Stock 13,062   13,062 D  
Options to Buy Class A Common Stock $ 2.9664             01/02/2006 01/02/2011 Class A Common Stock 19,594   19,594 D  
Options to Buy Class A Common Stock $ 8.5585             03/04/2007 03/04/2012 Class A Common Stock 19,593   19,593 D  
Options to Buy Class A Common Stock $ 7.4103             03/31/2008 03/31/2013 Class A Common Stock 19,594   19,594 D  
Options to Buy Class A Common Stock $ 18.2             07/06/2009 07/05/2014 Class A Common Stock 15,000   15,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
ALLEN ANDREA WEINER
1750 E. SUNRISE BLVD.
FT. LAUDERDALE, FL 33304
      Former EVP of sub BankAtlantic  

Signatures

 Andrea J. Allen   05/09/2005
**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).
(1) Options are currently exercisable.
 
Remarks:
This Form 4 is filed solely to report exit from the Section 16 reporting system.

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