Michael Alvarado - Mar 8, 2025 Form 4 Insider Report for Five Point Holdings, LLC (FPH)

Role
Chief Operating Officer, Chief Legal Officer, Vice President and Secretary
Signature
/s/ Mike Alvarado
Stock symbol
FPH
Transactions as of
Mar 8, 2025
Transactions value $
-$457,620
Form type
4
Date filed
3/11/2025, 09:02 PM
Previous filing
Mar 12, 2024
Next filing
Apr 10, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FPH Class A common shares Options Exercise +66.2K +13.1% 572K Mar 8, 2025 Direct F1
transaction FPH Class A common shares Tax liability -$194K -33.6K -5.88% $5.78 538K Mar 8, 2025 Direct F2
transaction FPH Class A common shares Options Exercise +89.7K +16.66% 628K Mar 9, 2025 Direct F1
transaction FPH Class A common shares Tax liability -$263K -45.5K -7.25% $5.78 582K Mar 9, 2025 Direct F2
holding FPH Class A common shares 55.1K Mar 8, 2025 By trust 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 FPH Restricted share units Options Exercise -66.2K -4.35% 1.46M Mar 8, 2025 Class A common shares 66.2K Direct F1, F4, F5
transaction FPH Restricted share units Options Exercise -89.7K -6.16% 1.37M Mar 9, 2025 Class A common shares 89.7K Direct F1, F4, F6
* 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. This transaction represents the settlement of restricted share units in Class A common shares on their scheduled vesting date.
F2 Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the settlement of restricted share units previously granted to the reporting person. No shares were sold by the reporting person.
F3 The Class A common shares of the Company are owned by The Michael A. and Julie S. Alvarado Family Trust created u/t/d dated July 9, 2002, of which Mr. Alvarado and his wife serve as co-trustees.
F4 Each restricted share unit is a contingent right to receive one Class A common share.
F5 This award was granted on March 8, 2024. 66,225 restricted share units subject to the award vested on March 8, 2025, and the remaining unvested restricted share units are scheduled to vest on each of March 8, 2026 and March 8, 2027, assuming continued employment through the applicable vesting date.
F6 This award was granted on March 9, 2023. 89,686 restricted share units subject to the award vested on each of March 9, 2024 and March 9, 2025, and the remaining unvested restricted share units are scheduled to vest on March 9, 2026, assuming continued employment through such vesting date.

Remarks:

Chief Operating Officer, Chief Legal Officer, Vice President and Secretary