FRP HOLDINGS, INC. — Director's Dealing 2011

Feb 22, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PATRIOT TRANSPORTATION HOLDING INC (PATR)
CIK: 0000844059
Period of Report: 2011-02-09

Reporting Person: DEVILLIERS DAVID H JR (Pres. of Real Estate Group)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-09	Common Stock	M	353	$7.41	Acquired	2953	Direct
2011-02-09	Common Stock	S	353	$28.54	Disposed	2600	Direct
2011-02-10	Common Stock	M	1431	$7.41	Acquired	4031	Direct
2011-02-10	Common Stock	S	1431	$28.309	Disposed	2600	Direct
2011-02-18	Common Stock	M	411	$7.41	Acquired	3011	Direct
2011-02-18	Common Stock	S	411	$27.58	Disposed	2600	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-09	Option to Buy	$7.41	A	353	Acquired	2012-11-20	Common Stock (353)	Direct
2011-02-10	Option to Buy	$7.41	A	1431	Acquired	2012-11-20	Common Stock (1431)	Direct
2011-02-18	Option to Buy	$7.41	A	411	Acquired	2012-11-20	Common Stock (411)	Direct

Footnotes

F1: The options vested ratably over 5 years commencing on the first anniversary of the grant date.