SEC Form 4 · accession 0000899243-19-001421
Five Point Holdings, LLC · FPH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary H Hunt
Director
Period of report
Jan 15, 2019
Accepted (ET)
Jan 17, 2019 · 9:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001574197
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A common sharesF1 | Jan 15, 2019 | A | 10,526 | $0.00 | A | 10,526 | D | |
| Class A common sharesF2,F3 | Jan 15, 2019 | M | 9,923 | — | A | 10,526 | D | |
| Class A common sharesF2,F4 | holding | — | — | — | 24,377 | I | By trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted share unitsF1,F2 | — | Jan 15, 2019 | M | 9,923 | D | — | — | Class A common shares | 9,923 | 9,923 | D |
Explanation of responses
- F1Each restricted share unit is a contingent right to receive one Class A common share.
- F2Mr. Hunt contributed the Class A common shares received in the settlement of restricted share units to the Gary H. Hunt Living Trust, established December 11, 2009, of which Mr. Hunt serves as sole trustee.
- F3On August 1, 2016, the reporting person was granted such restricted share units pursuant to the Five Point Holdings, LLC 2016 Incentive Award Plan. 9,923 restricted share units vested and were settled on January 15, 2019. The remaining 9,923 unsettled restricted share units will vest and settle on a one-for-one basis in Class A common shares or cash, at the option of Five Point Holdings, LLC, on January 15, 2020.
- F4Owned by the Gary H. Hunt Living Trust, established December 11, 2009, of which Mr. Hunt serves as sole trustee.