THOMPSON S. BAKER II - 02 Dec 2022 Form 4 Insider Report for PATRIOT TRANSPORTATION HOLDING, INC. (PATI)

Role: Director
Signature: Kelly D. Waters, Attorney-in-Fact for Thompson B. Baker, II
Issuer symbol: PATI
Transactions as of: 02 Dec 2022
Net transactions value: +$126,405
Form type: 4
Filing time: 05 Dec 2022, 15:06:47 UTC
Previous filing: 23 Feb 2022
Next filing: 06 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PATI	Common Stock	Options Exercise	$126,405	+17,285	+30%	$7.31	75,097	02 Dec 2022	Held in Living Trust
holding	PATI	Common Stock						733	02 Dec 2022	Held by wife
holding	PATI	Common Stock						2,199	02 Dec 2022	See footnote	F1
holding	PATI	Common Stock						35,291	02 Dec 2022	See footnote	F2
holding	PATI	Common Stock						105,867	02 Dec 2022	See footnote	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PATI	Option to Buy	Options Exercise	$0	-17,285	-100%	$0.000000^*	0	02 Dec 2022	Common Stock	17,285	$7.31	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares held in trust by the reporting person and his wife for the benefit of the reporting person's children.
F2	Shares held by the reporting person as trustee for the separate trust for Thompson S. Baker II created under the Cynthia L. Baker Trust U/A/D April 30, 1965.
F3	Shares held by the reporting person and his siblings as trustees for separate trusts for the reporting person's siblings created under the Cynthia L. Baker Trust U/A/D April 30, 1965. The reporting person disclaims beneficial ownership of these shares.