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Five Point Holdings, LLC — Director's Dealing 2024
Mar 12, 2024
32335_dirs_2024-03-12_e3fbc42e-8d75-4012-accc-81f587df0fd3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Five Point Holdings, LLC (FPH)
CIK: 0001574197
Period of Report: 2024-03-08
Reporting Person: McWilliams Greg (See Remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-09 | Class A common shares | M | 67264 | — | Acquired | 310114 | Direct |
| 2024-03-09 | Class A common shares | F | 34090 | $3.02 | Disposed | 276024 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-08 | Restricted share units | $ | A | 149006 | Acquired | Class A common shares (149006) | Direct | |
| 2024-03-08 | Restricted share units | $ | A | 198675 | Acquired | Class A common shares (198675) | Direct | |
| 2024-03-09 | Restricted share units | $ | M | 67264 | Disposed | Class A common shares (67264) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A common shares | 226232 | Indirect |
Footnotes
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: Each restricted share unit is a contingent right to receive one Class A common share.
F4: The restricted share units will vest in equal installments over three years on March 8, 2025, March 8, 2026 and March 8, 2027, subject to the reporting person's continued service with the Issuer through the applicable vesting date.
F5: The restricted share units will vest based upon the satisfaction of certain price targets during the three-year performance period ending February 28, 2027.
F6: This award was granted on March 9, 2023. 67,264 restricted share units subject to the award vested on March 9, 2024 and the remaining unvested restricted share units are scheduled to vest on each of March 9, 2025 and March 9, 2026, assuming continued employment through the applicable vesting date.