Daniel Hedigan - 09 Mar 2023 Form 4 Insider Report for Five Point Holdings, LLC (FPH)

Role
Chief Executive Officer
Signature
/s/ Michael Alvarado, as attorney-in-fact
Issuer symbol
FPH
Transactions as of
09 Mar 2023
Transactions value $
$0
Form type
4
Filing time
13 Mar 2023, 21:15:29 UTC
Previous filing
11 Feb 2022
Next filing
09 Jun 2023
SEC
View on sec.gov

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 FPH Restricted share units Award $0 +395K $0.00 395K 09 Mar 2023 Class A common shares 395K Direct F1, F2
transaction FPH Restricted share units Award $0 +296K +75% $0.00 691K 09 Mar 2023 Class A common shares 296K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted share unit is a contingent right to receive one Class A common share.
F2 The restricted share units will vest based upon the satisfaction of certain share price targets during the three-year performance period ending March 9, 2026.
F3 The restricted share units will vest in equal installments over three years on March 9, 2024, March 9, 2025 and March 9, 2026, subject to the Reporting Person's continued service with the Issuer through the applicable vesting date.