Michael Alvarado - 09 Mar 2023 Form 4 Insider Report for Five Point Holdings, LLC (FPH)

Role
Chief Legal Officer, Vice President and Secretary
Signature
/s/ Michael Alvarado
Issuer symbol
FPH
Transactions as of
09 Mar 2023
Net transactions value
$0
Form type
4
Filing time
13 Mar 2023, 21:13:11 UTC
Previous filing
16 Sep 2022
Next filing
17 Jan 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 FPH Restricted share units Award $0 +358,744 +69% $0.000000 879,577 09 Mar 2023 Class A common shares 358,744 Direct F1, F2
transaction FPH Restricted share units Award $0 +269,058 +31% $0.000000 1,148,635 09 Mar 2023 Class A common shares 269,058 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted share unit is a contingent right to receive one Class A common share.
F2 The restricted share units will vest based upon the satisfaction of certain share price targets during the three-year performance period ending March 9, 2026.
F3 The restricted share units will vest in equal installments over three years on March 9, 2024, March 9, 2025 and March 9, 2026, subject to the Reporting Person's continued service with the Issuer through the applicable vesting date.

Remarks:

Chief Legal Officer, Vice President and Secretary