DAVID H. DEVILLIERS JR - 01 Jan 2025 Form 4 Insider Report for FRP HOLDINGS, INC. (FRPH)

Role: Director
Signature: Kelly D. Waters, as Attorney-in-Fact for David H. deVilliers, Jr.
Issuer symbol: FRPH
Transactions as of: 01 Jan 2025
Net transactions value: $0
Form type: 4
Filing time: 03 Jan 2025, 12:37:40 UTC
Previous filing: 21 Nov 2024
Next filing: 19 Mar 2025
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	+1,960	+2.7%	$0.000000	75,648	01 Jan 2025	Direct	F1
transaction	FRPH	Common Stock	Award	$0	+4,080	+5.4%	$0.000000	79,728	01 Jan 2025	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 options pursuant to the Issuer's Equity Incentive Plan. The options vest ratably over four years commencing on December 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, 2026. If the performance-based criteria are achieved, 25% of the shares will vest upon the Compensation Committee's determination (in March 2027) that such criteria have been achieved, and 25% will vest on December 31st of each of 2027, 2028, and 2029, subject to the Reporting Person's continued employment.

Content

The Reporting Person was awarded options pursuant to the Issuer's Equity Incentive Plan. The options vest ratably over four years commencing on December 31, 2025.

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, 2026. If the performance-based criteria are achieved, 25% of the shares will vest upon the Compensation Committee's determination (in March 2027) that such criteria have been achieved, and 25% will vest on December 31st of each of 2027, 2028, and 2029, subject to the Reporting Person's continued employment.