Greg McWilliams - Mar 8, 2024 Form 4 Insider Report for Five Point Holdings, LLC (FPH)

Role
Chief Policy Officer and Vice President
Signature
/s/ Michael Alvarado, as attorney-in-fact
Stock symbol
FPH
Transactions as of
Mar 8, 2024
Transactions value $
-$102,952
Form type
4
Date filed
3/12/2024, 09:21 PM
Previous filing
Jan 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FPH Class A common shares Options Exercise +67.3K +27.7% 310K Mar 9, 2024 Direct F1
transaction FPH Class A common shares Tax liability -$103K -34.1K -10.99% $3.02 276K Mar 9, 2024 Direct F2
holding FPH Class A common shares 226K Mar 8, 2024 By trust

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 +149K +16.24% $0.00 1.07M Mar 8, 2024 Class A common shares 149K Direct F3, F4
transaction FPH Restricted share units Award $0 +199K +18.63% $0.00 1.26M Mar 8, 2024 Class A common shares 199K Direct F3, F5
transaction FPH Restricted share units Options Exercise -67.3K -5.32% 1.2M Mar 9, 2024 Class A common shares 67.3K Direct F1, F3, F6
* 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. This transaction represents the settlement of restricted share units in Class A common shares on their scheduled vesting date.
F2 Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the settlement of restricted share units previously granted to the reporting person. No shares were sold by the reporting person.
F3 Each restricted share unit is a contingent right to receive one Class A common share.
F4 The restricted share units will vest in equal installments over three years on March 8, 2025, March 8, 2026 and March 8, 2027, subject to the reporting person's continued service with the Issuer through the applicable vesting date.
F5 The restricted share units will vest based upon the satisfaction of certain price targets during the three-year performance period ending February 28, 2027.
F6 This award was granted on March 9, 2023. 67,264 restricted share units subject to the award vested on March 9, 2024 and the remaining unvested restricted share units are scheduled to vest on each of March 9, 2025 and March 9, 2026, assuming continued employment through the applicable vesting date.

Remarks:

Chief Policy Officer and Vice President