Form 4 for TPG TPG Inc.
Accepted 2024-01-17 00:00:00 ET · period of report 2024-01-13 · accession 0000947871-24-000042 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-01-17 | 2024-01-13 | TPG | Berenson Bradford | GC | F - Tax | $39.52 | -20.8K | 168.9K | -11% | -$820.7K |
| D | 2024-01-17 | 2024-01-13 | TPG | Berenson Bradford | GC | A - Grant | — | +27.4K | 196.3K | +16% | — |
| D | 2024-01-17 | 2024-01-15 | TPG | Berenson Bradford | GC | A - Grant | $0.00 | +6,135 | 1.53M | +0.4% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2024-01-13 | F | D | 20,767 | $39.52 | 168,881 | D | — | — | |
| 2 | Common | Class A Common Stock | 2024-01-13 | A | A | 27,371 | — | 196,252 | D | — | — | (F2) Represents RSUs. Each RSU represents a contingent right to receive one share of Class A common stock. 14,930 of the RSUs will vest in three equal installments on each of the first, second and third anniversaries of the date of grant. 12,441 of the RSUs will vest in four equal installments on each of the first, second, third and fourth anniversaries of the date of grant. |
| 3 | Derivative | TPG Partners Holdings, L.P. Units | 2024-01-15 | A | A | 6,135 | $0.00 | 1,525,413 | D | — · — to — | 6,135 Class A Common Stock | (F4) Pursuant to the Amended and Restated Exchange Agreement filed by the Issuer with the Securities and Exchange Commission (the "Commission") on November 2, 2023, TPH Units are ultimately exchangeable for cash or, at the Issuer's election, shares of Class A common stock on a one-for-one basis, subject to customary conversion rate adjustments and transfer restrictions (the "exchange consideration"). Upon an exchange of TPH Units, an equal number of Common Units of TPG Operating Group II, L.P. held by TPG Group Holdings (SBS), L.P. ("Group Holdings"), of which Partner Holdings is an indirect limited partner, are exchanged on a one-for-one basis for the exchange consideration, and an equal number of shares of Class B common stock of the Issuer also held by Group Holdings will be automatically cancelled for no additional consideration. Each share of Class B common stock entitles the holder to ten votes per share but carries no economic rights. |