FRP HOLDINGS, INC. — Director's Dealing 2014

Jan 24, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PATRIOT TRANSPORTATION HOLDING INC (PATR)
CIK: 0000844059
Period of Report: 2014-01-22

Reporting Person: BAKER EDWARD L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-01-22	Common Stock	M	3000	$10.577	Acquired	33000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-01-22	Option to Buy	$10.577	M	3000	Disposed	2014-02-03	Common Stock (3000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	423274	Indirect
Common Stock	174597	Indirect
Common Stock	7626	Indirect
Common Stock	78573	Indirect

Footnotes

F1: Shares held by Edward L. Baker and Thompson S. Baker II, as trustees for the separate trust for Edward L. Baker created under the Cynthia L. Baker Trust U/A/D April 30, 1965.

F2: Shares are held by trusts for the benefit of children of John D. Baker II. The reporting person serves as trustee of these trusts but disclaims beneficial ownership of these shares.