McNulty Matthew C. bought FRPH
May 31, 2024 · Form 4 insider transaction
McNulty Matthew C. bought 2,428 shares of FRP Holdings, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
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, 2024. If the performance-based criteria are achieved, 25% of the shares will vest upon the Compensation Committee's determination (in March 2025) that such criteria have been achieved, and 25% will vest on December 31st of each of 2025, 2026, and 2027, subject to the Reporting Person's continued employment.