Matthew C. McNulty - 31 May 2024 Form 4 Insider Report for FRP HOLDINGS, INC. (FRPH)

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FRPH	Common Stock	Award	$0	+3,236	+3596%	$0.000000	3,326	31 May 2024	Direct	F1
transaction	FRPH	Common Stock	Award	$0	+2,428	+75%	$0.000000	5,664	31 May 2024	Direct	F2
transaction	FRPH	Common Stock	Award	$0	+4,854	+86%	$0.000000	10,518	31 May 2024	Direct	F3
holding	FRPH	Common Stock						1,472	31 May 2024	Held in 401k

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 May 31, 2025.
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.
F3	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.