SEC Form 4 · accession 0001474506-17-000089
FRP HOLDINGS, INC. · FRPH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John D Baker II
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Dec 6, 2017
Accepted (ET)
Dec 8, 2017 · 12:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000844059
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 13,200 | D | ||
| Common Stock | holding | — | — | — | 234,614 | I | Held in Living Trust | |
| Common StockF1 | holding | — | — | — | 1,113,474 | I | See footnote | |
| Common Stock | holding | — | — | — | 10,025 | I | Held in IRA | |
| Common Stock | holding | — | — | — | 3,789 | I | Held in Wife's Trust | |
| Common StockF2 | holding | — | — | — | 30,000 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to BuyF3,F4 | $44.50 | Dec 6, 2017 | A | 6,670 | A | Dec 6, 2018 | Dec 5, 2027 | Common Stock | 6,670 | 0 | D |
Explanation of responses
- F1Shares held by John D. Baker II and Edward L. Baker II, as trustees for the separate trust for John D. Baker II created under the Cynthia L. Baker Trust U/A/D April 30, 1965.
- F2Shares held by John D. Baker II Irrevocable Trust #1, which is administered by an independent trustee and is for the benefit of the reporting person's children. The reporting person disclaims beneficial ownership of these shares.
- F3The reporting person was awarded stock options pursuant to the Issuer's Equity Incentive Plan.
- F4Options vest ratably over 5 years commencing on the first anniversary of the grant date.