John D. Baker III - 01 Jan 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
Issuer symbol: FRPH
Transactions as of: 01 Jan 2024
Net transactions value: $0
Form type: 4/A
Filing time: 08 May 2024, 11:05:34 UTC
Date Of Original Report: 02 Jan 2024
Previous filing: 09 Mar 2023
Next filing: 08 Mar 2024
SEC: View on sec.gov

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	+10,165		$0.000000	10,165	01 Jan 2024	Common Stock	10,165	$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.