What's the meaning of 'char (*p)[5];'?

I'm trying to grasp the differences between these three declarations:

char p[5];
char *p[5];
char (*p)[5];

I'm trying to find this out by doing some tests, because every guide of reading declarations and stuff like that has not helped me so far. I wrote this little program and it's not working (I've tried other kinds of use of the third declaration and I've ran out of options):

#include <stdio.h>                                                              
#include <string.h>                                                             
#include <stdlib.h>                                                             
                                                                                
int main(void) {                                                                
        char p1[5];                                                             
        char *p2[5];                                                            
        char (*p3)[5];                                                          
                                                                                
        strcpy(p1, "dead");                                                     
                                                                                
        p2[0] = (char *) malloc(5 * sizeof(char));                              
        strcpy(p2[0], "beef");                                                  
                                                                                
        p3[0] = (char *) malloc(5 * sizeof(char));                              
        strcpy(p3[0], "char");                                                  
                                                                                
        printf("p1 = %s\np2[0] = %s\np3[0] = %s\n", p1, p2[0], p3[0]);          
                                                                                
        return 0;                                                               
}

The first and second works alright, and I've understood what they do. What is the meaning of the third declaration and the correct way to use it?

Thank you!