John D. Klopfenstein - 01 Jan 2023 Form 4 Insider Report for FRP HOLDINGS, INC. (FRPH)

Role: Controller & CAO
Signature: Kelly D. Waters, as Attorney-in-Fact for John D. Klopfenstein
Issuer symbol: FRPH
Transactions as of: 01 Jan 2023
Net transactions value: $0
Form type: 4
Filing time: 04 Jan 2023, 12:37:11 UTC
Previous filing: 07 Dec 2022
Next filing: 09 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FRPH	Common Stock	Award	$0	+556	+11%	$0.000000	5,748	01 Jan 2023	Direct	F1
transaction	FRPH	Common Stock	Award	$0	+1,112	+19%	$0.000000	6,860	01 Jan 2023	Direct	F2
holding	FRPH	Common Stock						2,009	01 Jan 2023	Held in 401k

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

Explanation of Responses:

Id	Content
F1	The Reporting Person was awarded shares pursuant to the Issuer's Equity Incentive Plan. The shares vest ratably over four years commencing on December 31, 2023.
F2	The Reporting Person was awarded shares of restricted stock pursuant to the Issuer's Equity Incentive Plan. The shares are subject to performance-based vesting criteria for the two-year period ending December 31, 2024. If the performance-based criteria are achieved, 25% of the shares will vest upon the Compensation Committee's determination (in March 2025) that such criteria have been achieved, and 25% will vest on December 31st of each of 2025, 2026, and 2027, subject to the Reporting Person's continued employment.

Content

The Reporting Person was awarded shares pursuant to the Issuer's Equity Incentive Plan. The shares vest ratably over four years commencing on December 31, 2023.

The Reporting Person was awarded shares of restricted stock pursuant to the Issuer's Equity Incentive Plan. The shares are subject to performance-based vesting criteria for the two-year period ending December 31, 2024. If the performance-based criteria are achieved, 25% of the shares will vest upon the Compensation Committee's determination (in March 2025) that such criteria have been achieved, and 25% will vest on December 31st of each of 2025, 2026, and 2027, subject to the Reporting Person's continued employment.