March 6, 2024 · Form 4 insider transaction
BAKER JOHN D II bought 828 shares of FRPH 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 2 days after the transaction.
The Reporting Person earned these shares of restricted stock pursuant to a performance share award granted January 1, 2022 under the Issuer's Equity Incentive Plan, based on the achievement of the performance-based vesting criteria for the two-year performance period ended December 31, 2023. 25% of the shares vested on March 6, 2024, and 25% will vest on December 31st of each of 2024, 2025, and 2026, subject to the Reporting Person's continued employment.