Sam Levinson - 22 Oct 2024 Form 4 Insider Report for Five Point Holdings, LLC (FPH)

Reporting relationship: Director
Issuer ticker: FPH
Reported as of: 22 Oct 2024
Net transaction value: +$70,099,359
SEC form: 4
Accepted by SEC: 24 Oct 2024, 20:36:28 UTC
Prior SEC filing: 23 Oct 2024
Next SEC filing: 16 Dec 2024
Source filing: View source filing
Reporting owner signature: /s/ Mike Alvarado, as attorney-in-fact

Key filing fact

Sam Levinson filed Form 4 for Five Point Holdings, LLC (FPH) on 24 Oct 2024.

Key facts

This page summarizes Sam Levinson's Form 4 filing for Five Point Holdings, LLC (FPH).
5 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 24 Oct 2024, 20:36.

Change

Previous filing in this sequence was filed on 23 Oct 2024.
Current net transaction value: +$70,099,359.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

FPH transaction

Class A common shares

Purchase

Transaction value: $10,341,526
Shares: +3,283,024
Change %: +112%
Price: $3.15
Shares after: 6,219,241
Date: 22 Oct 2024
Ownership: See Footnote
Footnotes: F1

FPH transaction

Class A common shares

Award

Transaction value: $0
Shares: +10,730
Change %
Price: $0.000000
Shares after: 10,730
Date: 23 Oct 2024
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

FPH transaction Derivative

Class B common shares

Purchase

Transaction value: $17,069
Shares: +18,965,322
Change %
Price: $0.000900^*
Shares after: 18,965,322
Date: 22 Oct 2024
Ownership: See Footnote
Underlying class: Class A common shares
Underlying amount: 5,690
Exercise price
Footnotes: F3, F4

FPH transaction Derivative

Class A units of Five Point Operating Company, LP

Purchase

Transaction value: $22,370,119
Shares: +7,101,625
Change %
Price: $3.15
Shares after: 7,101,625
Date: 22 Oct 2024
Ownership: See Footnote
Underlying class: Class A common shares
Underlying amount: 7,101,625
Exercise price
Footnotes: F3, F4

FPH transaction Derivative

Class A units of The Shipyard Communities, LLC

Purchase

Transaction value: $37,370,646
Shares: +11,863,697
Change %
Price: $3.15
Shares after: 11,863,697
Date: 22 Oct 2024
Ownership: See Footnote
Underlying class: Class A common shares
Underlying amount: 11,863,697
Exercise price
Footnotes: F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The Class A common shares are owned by GFFP Holdings, LLC (GFFP). GF GW II, LLC (GF GW) is the managing member of GFFP, and Mr. Levinson is a managing member of GF GW. By virtue of these relationships, Mr. Levinson may be deemed to beneficially own the Class A common shares owned by GFFP.

Footnote F2

This award represents an award pursuant to the Company's director compensation program, prorated for service through the end of 2024. Mr. Levinson was granted restricted shares that will vest on December 31, 2024, subject to his continued service with the Company through such vesting date.

Footnote F3

Class A units of The Shipyard Communities, LLC (San Francisco Venture) are exchangeable for Class A units of Five Point Operating Company, LP (Operating Company) on a one-for-one basis. Holders of Class A units of the Operating Company may exchange their units for, at the Company's option, either Class A common shares on a one-for-one basis or an equivalent amount in cash based on the then prevailing market price of the Class A common shares. When the Company acquires Class A units of the Operating Company, whether for Class A common shares or for cash, an equivalent number of the exchanging holder's Class B common shares will automatically convert into Class A common shares, with each Class B common share convertible into 0.0003 Class A common shares.

Footnote F4

The Class B common shares, Class A units of the Operating Company and Class A units of the San Francisco Venture are owned by GFFP. By virtue of the relationships described in footnote 1, Mr. Levinson may be deemed to beneficially own the securities owned by GFFP.