Erik R. Higgins - Jan 15, 2022 Form 4 Insider Report for Five Point Holdings, LLC (FPH)

Role
Chief Financial Officer, Treasurer and Vice President
Signature
/s/ Michael Alvarado, as attorney-in-fact
Stock symbol
FPH
Transactions as of
Jan 15, 2022
Transactions value $
-$331,980
Form type
4
Date filed
1/19/2022, 06:47 PM
Previous filing
Sep 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FPH Class A common shares Disposed to Issuer $0 -98.7K -14.12% $0.00 600K Jan 15, 2022 Direct F1, F2
transaction FPH Class A common shares Tax liability -$332K -50.7K -8.44% $6.55 550K Jan 15, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the forfeiture for no consideration of performance-based unvested restricted Class A common shares granted to the reporting person that were eligible to vest based on certain share price-based performance measures, which were not achieved as of the end of the applicable performance period.
F2 Reflects the forfeiture for no consideration of 49,342 performance-based unvested restricted share units granted to the reporting person that were eligible to vest based on certain share price-based performance measures, which were not achieved as of the end of the applicable performance period.
F3 Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of restricted Class A common shares previously granted to the reporting person. No shares were sold by the reporting person.

Remarks:

Chief Financial Officer, Treasurer and Vice President