John D. Baker III - Jan 1, 2024 Form 4/A Insider Report for FRP HOLDINGS, INC. (FRPH)

Role: Chief Financial Officer
Signature: Kelly D. Waters, as Attorney-in-Fact for John D. Baker III
Stock symbol: FRPH
Transactions as of: Jan 1, 2024
Transactions value $: $0
Form type: 4/A
Date filed: 5/8/2024, 11:05 AM
Date Of Original Report: Jan 2, 2024
Previous filing: Mar 9, 2023
Next filing: Mar 8, 2024

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	FRPH	Option to Buy	Award	$0	+10.2K		$0.00	10.2K	Jan 1, 2024	Common Stock	10.2K	$62.88	Direct	F1, 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 options pursuant to the Issuer's Equity Incentive Plan. The options 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 options 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.
F2	This item was amended to reflect a correction to the number of options granted.

Content

The Reporting Person was awarded options pursuant to the Issuer's Equity Incentive Plan. The options 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 options 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.

This item was amended to reflect a correction to the number of options granted.