4//SEC Filing
Hedigan Daniel 4
Accession 0001574197-24-000048
CIK 0001574197other
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 9:22 PM ET
Size
13.5 KB
Accession
0001574197-24-000048
Insider Transaction Report
Form 4
Hedigan Daniel
See Remarks
Transactions
- Exercise/Conversion
Class A common shares
2024-03-09+98,654→ 234,247 total - Award
Restricted share units
2024-03-08+218,543→ 909,125 total→ Class A common shares (218,543 underlying) - Award
Restricted share units
2024-03-08+291,390→ 1,200,515 total→ Class A common shares (291,390 underlying) - Tax Payment
Class A common shares
2024-03-09$3.02/sh−49,998$150,994→ 184,249 total - Exercise/Conversion
Restricted share units
2024-03-09−98,654→ 1,101,861 total→ Class A common shares (98,654 underlying)
Footnotes (6)
- [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]Each restricted share unit is a contingent right to receive one Class A common share.
- [F4]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.
- [F5]The restricted share units will vest based upon the satisfaction of certain price targets during the three-year performance period ending February 28, 2027.
- [F6]This award was granted on March 9, 2023. 98,654 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 0001910937
Filing Metadata
- Form type
- 4
- Filed
- Mar 11, 8:00 PM ET
- Accepted
- Mar 12, 9:22 PM ET
- Size
- 13.5 KB