Five Point Holdings, LLC — Director's Dealing 2017

May 9, 2017

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Five Point Holdings, LLC (FPH)
CIK: 0001574197
Period of Report: 2017-05-09

Reporting Person: Higgins Erik R. (See Remarks)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A common shares	50680	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted share units	$		Class A common shares (54433)		Direct

Footnotes

F1: Includes 43,282 restricted shares that are subject to certain restrictions upon transfer and rights of forfeiture as set forth in the Five Point Holdings, LLC 2016 Incentive Award Plan (the "2016 Incentive Award Plan ) and an agreement entered into between the registered owner and Five Point Holdings, LLC (the "Company"), copies of which are on file with the secretary of the Company. Such restricted shares will vest in three equal annual installments beginning on January 15, 2018.

F2: Such restricted share units granted to Mr. Higgins pursuant to the 2016 Incentive Award Plan have vested and will settle on a one-for-one basis in Class A common shares or cash, at the option of the Company, in three equal annual installments beginning on January 15, 2018.