FRP HOLDINGS, INC. — Director's Dealing 2017

Dec 8, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FRP HOLDINGS, INC. (FRPH)
CIK: 0000844059
Period of Report: 2017-12-06

Reporting Person: BAKER JOHN D II (Director, Chief Executive Officer, 10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-12-06	Option to Buy	$44.5	A	6670	Acquired	2027-12-05	Common Stock (6670)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	13200	Direct
Common Stock	234614	Indirect
Common Stock	1113474	Indirect
Common Stock	10025	Indirect
Common Stock	3789	Indirect
Common Stock	30000	Indirect

Footnotes

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

F2: Shares held by John D. Baker II Irrevocable Trust #1, which is administered by an independent trustee and is for the benefit of the reporting person's children. The reporting person disclaims beneficial ownership of these shares.

F3: The reporting person was awarded stock options pursuant to the Issuer's Equity Incentive Plan.

F4: Options vest ratably over 5 years commencing on the first anniversary of the grant date.