Baker John D. III bought FRPH
January 1, 2025 · Form 4 insider transaction
Baker John D. III bought 20,010 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 1 day after the transaction.
Footnotes
The Reporting Person was awarded options pursuant to the Issuer's Equity Incentive Plan. The options are subject to performance-based vesting criteria for the two-year period ending December 31, 2026. If the performance-based criteria are achieved, 25% of the options will vest upon the Compensation Committee's determination (in March 2027) that such criteria have been achieved, and 25% will vest on December 31st of each of 2027, 2028, and 2029, subject to the Reporting Person's continued employment.