SEC Form 4 · accession 0001474506-15-000020

PATRIOT TRANSPORTATION HOLDING, INC. · PATI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Jan 30, 2015

Accepted (ET)

Feb 3, 2015 · 2:37 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001616741

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Jan 30, 2015	J	16,500	$0.00	A	16,500	D
Common Stock^F2	Jan 30, 2015	J	40,300	$0.00	A	40,300	I	See footnote

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Option to Buy^F3	$9.636	Feb 1, 2015	A	940	A	Feb 1, 2015	Feb 20, 2015	Common Stock	940	940	D
Option to Buy^F3	$9.424	Feb 1, 2015	A	940	A	Feb 1, 2015	May 4, 2015	Common Stock	940	940	D
Option to Buy^F3	$12.792	Feb 1, 2015	A	940	A	Feb 1, 2015	Aug 3, 2015	Common Stock	940	940	D

F1The reporting person received the shares in the spin-off by FRP Holdings, Inc. of the issuer.
F2Regency Sqaure II, a Florida general partnership, owns 120,900 shares of the Company. The reporting person holds 2.5248% interest in the partnership. Trust B under the will of Martin E Stein, deceased, holds a 46.21% interest in the partnership. The reporting person has a beneficial interest in the trust and, together with his two brothers, acting jointly as co-trustees, has a one-third shared voting and dispositive power as to the trust. The reporting person disclaims beneficial ownership in these shares except to the extent of his pecuniary interest therein.
F3The reporting person received the option grants listed herein in replacement of options previously issued by the FRP Holdings, Inc.