John D. Klopfenstein - 05 Dec 2022 Form 4 Insider Report for PATRIOT TRANSPORTATION HOLDING, INC.

Role: Controller & CAO
Signature: Kelly D. Waters, Attorney-in-Fact for John D. Klopfenstein
Issuer symbol: N/A
Transactions as of: 05 Dec 2022
Net transactions value: -$2,924
Form type: 4
Filing time: 07 Dec 2022, 12:00:19 UTC
Previous filing: 04 Mar 2022
Next filing: 04 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	PATI	Common Stock						100	05 Dec 2022	Direct
holding	PATI	Common Stock						3,602	05 Dec 2022	See footnote	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PATI	Option to Buy	Other	$2,924	-2,907	-100%	$1.01	0	05 Dec 2022	Common Stock	2,907	$7.31	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares were acquired in the Issuer's 401(k) plan.
F2	In consideration of the Reporting Person's agreement not to exercise the expiring options, the Issuer paid the Reporting Person an amount equal to the in-the-money value of the expiring options.