4//SEC Filing
Alvarado Michael 4
Accession 0001574197-24-000042
CIK 0001574197other
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 9:18 PM ET
Size
14.6 KB
Accession
0001574197-24-000042
Insider Transaction Report
Form 4
Alvarado Michael
See Remarks
Transactions
- Exercise/Conversion
Class A common shares
2024-03-09+89,686→ 551,172 total - Exercise/Conversion
Restricted share units
2024-03-09−89,686→ 1,522,525 total→ Class A common shares (89,686 underlying) - Tax Payment
Class A common shares
2024-03-09$3.02/sh−45,453$137,268→ 505,719 total - Award
Restricted share units
2024-03-08+264,901→ 1,612,211 total→ Class A common shares (264,901 underlying) - Award
Restricted share units
2024-03-08+198,675→ 1,347,310 total→ Class A common shares (198,675 underlying)
Holdings
- 55,070(indirect: By Trust)
Class A common shares
Footnotes (7)
- [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]The Class A common shares of the Company are owned by The Michael A. and Julie S. Alvarado Family Trust created u/t/d dated July 9, 2002, of which Mr. Alvarado and his wife serve as co-trustees.
- [F4]Each restricted share unit is a contingent right to receive one Class A common share.
- [F5]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.
- [F6]The restricted share units will vest based upon the satisfaction of certain price targets during the three-year performance period ending February 28, 2027.
- [F7]This award was granted on March 9, 2023. 89,686 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.
Documents
Issuer
Five Point Holdings, LLC
CIK 0001574197
Entity typeother
Related Parties
1- filerCIK 0001704041
Filing Metadata
- Form type
- 4
- Filed
- Mar 11, 8:00 PM ET
- Accepted
- Mar 12, 9:18 PM ET
- Size
- 14.6 KB