John D. Klopfenstein - Jan 1, 2024 Form 4 Insider Report for FRP HOLDINGS, INC. (FRPH)

Signature
Kelly D. Waters, as Attorney-in-Fact for John D. Klopfenstein
Stock symbol
FRPH
Transactions as of
Jan 1, 2024
Transactions value $
$0
Form type
4
Date filed
1/2/2024, 07:47 PM
Previous filing
Dec 21, 2023
Next filing
Mar 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FRPH Common Stock Award $0 +796 +11.34% $0.00 7.82K Jan 1, 2024 Direct F1
transaction FRPH Common Stock Award $0 +1.59K +20.37% $0.00 9.41K Jan 1, 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.