Form 4 for TPG TPG Inc.
Accepted 2024-10-24 00:00:00 ET · period of report 2024-10-22 · accession 0000947871-24-000819 · 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 | 2024-10-24 | 2024-10-22 | TPG | Vazquez-Ubarri Anilu | COO, Dir | M - OptEx | — | +84.7K | 492.5K | +21% | — |
| D | 2024-10-24 | 2024-10-23 | TPG | Vazquez-Ubarri Anilu | COO, Dir | F - Tax | $66.68 | -10.8K | 481.7K | -2% | -$719.0K |
| D | 2024-10-24 | 2024-10-22 | TPG | Vazquez-Ubarri Anilu | COO, Dir | M - OptEx | $0.00 | -84.7K | 0 | -100% | $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 | 2024-10-22 | M | A | 84,746 | — | 492,464 | D | — | — | (F1) Represents performance stock units ("PSUs") granted to the Reporting Person on January 13, 2022, at the time of the initial public offering of TPG Inc. (the "Issuer"). Each PSU represents a contingent right to receive one share of Class A common stock ("Class A common stock") of the Issuer when both the service and performance conditions are satisfied. 25% of the PSUs service-vested on January 13, 2024, and 25% of the PSUs will service-vest on each of January 13, 2025, 2026 and 2027. 50% of the PSUs performance-vest on each of the first day following the date on which the 30-day volume weighted average trading price of a share of Class A common stock equals or exceeds $44.25 (the "1.5x measure") and (y) $59.00 (the "2.0x measure"). On October 22, 2024, 84,746 PSUs performance vested upon the achievement of the 2.0x measure. |
| 2 | Common | Class A Common Stock | 2024-10-23 | F | D | 10,783 | $66.68 | 481,681 | D | — | — | |
| 3 | Derivative | Performance Stock Units | 2024-10-22 | M | D | 84,746 | $0.00 | 0 | D | — · — to — | 84,746 Class A Common Stock | (F1) Represents performance stock units ("PSUs") granted to the Reporting Person on January 13, 2022, at the time of the initial public offering of TPG Inc. (the "Issuer"). Each PSU represents a contingent right to receive one share of Class A common stock ("Class A common stock") of the Issuer when both the service and performance conditions are satisfied. 25% of the PSUs service-vested on January 13, 2024, and 25% of the PSUs will service-vest on each of January 13, 2025, 2026 and 2027. 50% of the PSUs performance-vest on each of the first day following the date on which the 30-day volume weighted average trading price of a share of Class A common stock equals or exceeds $44.25 (the "1.5x measure") and (y) $59.00 (the "2.0x measure"). On October 22, 2024, 84,746 PSUs performance vested upon the achievement of the 2.0x measure. |