X0508 4 2023-12-21 true 0001616741 PATRIOT TRANSPORTATION HOLDING, INC. PATI 0001316513 Klopfenstein John D C/O PATRIOT TRANSPORTATION HOLDING, INC 200 W. FORSYTH ST., 7TH FLOOR JACKSONVILLE FL 32202 true Controller and CAO false Common Stock 2023-12-21 4 D 0 3058 16.26 D 0 D Common Stock 2023-12-21 4 D 0 3602 16.26 D 0 I See footnote Option to Buy 10.018 2023-12-21 4 D 0 3393 16.26 A 2024-12-03 Common Stock 3393 0 D Option to Buy 8.84 2023-12-21 4 D 0 7786 16.26 A 2025-11-17 Common Stock 7786 0 D Option to Buy 7.953 2023-12-21 4 D 0 10937 16.26 A 2026-11-16 Common Stock 10937 0 D Pursuant to an Agreement and Plan of Merger, each share of common stock was converted into the right to receive $16.26 per share in cash (the "Merger Consideration"). Each outstanding stock option was cancelled in exchange for the right to receive a cash payment of an amount equal to the product of (i) the total number of shares of common stock underlying such stock option and (ii) the excess of the (x) Merger Consideration over the (y) per-share exercise price of the stock option. Each outstanding SAR was cancelled in exchange for the right to receive a cash payment of an amount equal to the product of (i) the total number of shares of common stock underlying each such SAR and (ii) the excess, if any, of (x) the Merger Consideration over (y) the per-share SAR Price. Shares were acquired in the Issuer's 401(k) plan Each outstanding stock option was cancelled in exchange for the right to receive a cash payment of an amount equal to the product of (i) the total number of shares of common stock underlying such stock option and (ii) the excess of the (x) Merger Consideration over the (y) per-share exercise price of the stock option. /s/John D. Klopfenstein 2023-12-21