David H. deVilliers III - 01 Jan 2024 Form 4 Insider Report for FRP HOLDINGS, INC. (FRPH)

Role: Vice President
Signature: Kelly D. Waters, Attorney-in-Fact for David H. deVilliers III
Issuer symbol: FRPH
Transactions as of: 01 Jan 2024
Net transactions value: $0
Form type: 4
Filing time: 02 Jan 2024, 19:37:40 UTC
Previous filing: 18 Dec 2023
Next filing: 08 Mar 2024
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	+2,384	+13%	$0.000000	21,019	01 Jan 2024	Direct	F1
transaction	FRPH	Common Stock	Award	$0	+3,180	+15%	$0.000000	24,199	01 Jan 2024	Direct	F2

* 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, 2024.
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, 2025. If the performance-based criteria are achieved, 25% of the shares will vest upon the Compensation Committee's determination (in March 2026) that such criteria have been achieved, and 25% will vest on December 31st of each of 2026, 2027, and 2028, 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, 2024.

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, 2025. If the performance-based criteria are achieved, 25% of the shares will vest upon the Compensation Committee's determination (in March 2026) that such criteria have been achieved, and 25% will vest on December 31st of each of 2026, 2027, and 2028, subject to the Reporting Person's continued employment.