FRP HOLDINGS, INC. - Director's Dealing 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PATRIOT TRANSPORTATION HOLDING INC (PATR)
CIK: 0000844059
Period of Report: 2011-05-19

Reporting Person: Shad Harold William III (Director)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-19	Common Stock	M	3000	$10.91	Acquired	13500	Direct
2011-05-19	Common Stock	M	3000	$11.33	Acquired	16500	Direct
2011-05-19	Common Stock	M	3000	$14.97	Acquired	19500	Direct
2011-05-19	Common Stock	M	3000	$15.16	Acquired	22500	Direct
2011-05-19	Common Stock	M	3000	$14.83	Acquired	25500	Direct
2011-05-19	Common Stock	M	3000	$20.13	Acquired	28500	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-19	Option to Buy	$10.91	A	3000	Acquired	2014-08-03	Common Stock (3000)	Direct
2011-05-19	Option to Buy	$11.33	A	3000	Acquired	2014-10-05	Common Stock (3000)	Direct
2011-05-19	Option to Buy	$14.97	A	3000	Acquired	2014-11-30	Common Stock (3000)	Direct
2011-05-19	Option to Buy	$15.16	M	3000	Acquired	2015-01-25	Common Stock (3000)	Direct
2011-05-19	Option to Buy	$14.83	A	3000	Acquired	2015-05-03	Common Stock (3000)	Direct
2011-05-19	Option to Buy	$20.13	A	3000	Acquired	2015-08-02	Common Stock (3000)	Direct

F1: All ownership numbers have been adjusted for the 3-for-1 stock split effective as of January 17, 2011.