John D. Baker III - Jan 1, 2023 Form 4 Insider Report for FRP HOLDINGS, INC. (FRPH)

Signature
Kelly D. Waters, as Attorney-in-Fact for John D. Baker III
Stock symbol
FRPH
Transactions as of
Jan 1, 2023
Transactions value $
$0
Form type
4
Date filed
1/4/2023, 01:12 PM
Previous filing
Mar 9, 2023
Next filing
Mar 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FRPH Common Stock Award $0 +2.78K +24.67% $0.00 14.1K Jan 1, 2023 Direct F1
transaction FRPH Common Stock Award $0 +2.78K +19.79% $0.00 16.9K Jan 1, 2023 Direct F2
holding FRPH Common Stock 109K Jan 1, 2023 Held in Living Trust
* 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.