Michael Alvarado - Sep 3, 2025 Form 4 Insider Report for Five Point Holdings, LLC (FPH)

Role: Chief Operating Officer, Chief Legal Officer and Vice President
Signature: /s/ Mike Alvarado
Stock symbol: FPH
Transactions as of: Sep 3, 2025
Transactions value $: $0
Form type: 4
Date filed: 9/5/2025, 07:13 PM
Previous filing: Apr 10, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Alvarado Michael	Chief Operating Officer, Chief Legal Officer and Vice President	C/O FIVE POINT HOLDINGS, LLC, 2000 FIVEPOINT, 4TH FLOOR, IRVINE	/s/ Mike Alvarado	2025-09-05	0001704041

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	+700K	+38.16%	$0.00	2.53M	Sep 3, 2025	Class A common shares	700K		Direct	F1, F2

* 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 ("RSUs") were granted as part of the Company's executive compensation program to incentivize and reward outsized shareholder value creation. The RSUs will vest based upon the satisfaction of certain share price targets during the performance period between September 3, 2028, and September 3, 2030 (the "Performance Period"), with 20% of the RSUs eligible to vest upon the achievement of each of the following share price thresholds: $11.50, $14.25, $17.00, $19.75 and $22.50. The price thresholds represent a range of price appreciation of approximately 100% to 300% of the closing price of our Class A Shares on the grant date. Achievement of a price threshold will be determined using the average closing price for our Class A Shares across any 50 consecutive trading day period within the Performance Period, with the closing price for at least 25 of such trading days at or above the applicable price threshold.

Content

Each restricted share unit is a contingent right to receive one Class A common share.

The restricted share units ("RSUs") were granted as part of the Company's executive compensation program to incentivize and reward outsized shareholder value creation. The RSUs will vest based upon the satisfaction of certain share price targets during the performance period between September 3, 2028, and September 3, 2030 (the "Performance Period"), with 20% of the RSUs eligible to vest upon the achievement of each of the following share price thresholds: $11.50, $14.25, $17.00, $19.75 and $22.50. The price thresholds represent a range of price appreciation of approximately 100% to 300% of the closing price of our Class A Shares on the grant date. Achievement of a price threshold will be determined using the average closing price for our Class A Shares across any 50 consecutive trading day period within the Performance Period, with the closing price for at least 25 of such trading days at or above the applicable price threshold.

Remarks:

Chief Operating Officer, Chief Legal Officer and Vice President