Form 4 for TPG TPG Inc.
Accepted 2024-02-29 00:00:00 ET · period of report 2024-02-27 · accession 0000947871-24-000229 · 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 | 2024-02-29 | 2024-02-27 | TPG | Vazquez-Ubarri Anilu | COO, Dir | M - OptEx | $0.00 | +101.9K | 435.6K | +31% | $0 |
| D | 2024-02-29 | 2024-02-29 | TPG | Vazquez-Ubarri Anilu | COO, Dir | S - Sale+OE | $41.64 | -101.9K | 333.7K | -23% | -$4.24M |
| D | 2024-02-29 | 2024-02-27 | TPG | Vazquez-Ubarri Anilu | COO, Dir | M - OptEx | $0.00 | -101.9K | 1.57M | -6% | $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 | 2024-02-27 | M | A | 101,937 | $0.00 | 435,648 | D | — | — | (F1) On February 27, 2024, pursuant to the Amended and Restated Exchange Agreement filed by TPG Inc. (the "Issuer") with the Securities and Exchange Commission (the "Commission") on November 2, 2023, the Reporting Person exchanged 101,937 units ("TPH Units") of TPG Partner Holdings, L.P. ("Partner Holdings") for an equal number of shares of Class A common stock ("Class A common stock") of the Issuer. |
| 2 | Common | Class A Common Stock | 2024-02-29 | S | D | 101,937 | $41.64 | 333,711 | D | — | — | |
| 3 | Derivative | TPG Partners Holdings, L.P. Units | 2024-02-27 | M | D | 101,937 | $0.00 | 1,574,878 | D | — · — to — | 101,937 Class A Common Stock | (F2) Pursuant to the Amended and Restated Exchange Agreement filed by the Issuer with 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. |