Form 4 for TIPT TIPTREE INC.
Accepted 2022-06-02 00:00:00 ET · period of report 2022-06-01 · accession 0001393726-22-000048 · 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 | 2022-06-02 | 2022-06-01 | TIPT | Barnes Michael Gene | Executive COB, Dir, 10% | M - OptEx | $6.93 | +979.1K | 9.70M | +11% | +$6.79M |
| D | 2022-06-02 | 2022-06-01 | TIPT | Barnes Michael Gene | Executive COB, Dir, 10% | M - OptEx | $6.93 | -979.1K | 0 | -100% | -$6.79M |
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 | Common Stock | 2022-06-01 | M | A | 979,146 | $6.93 | 9,702,095 | D | — | — | (F1) On June 1, 2022, the Reporting Person exercised the 2022 Warrants at the adjusted exercise price of $6.927. Tiptree received cash proceeds of $6,782,544.34 from the exercise of the 2022 Warrants. |
| 2 | Derivative | Tiptree Inc. warrant 2022 | 2022-06-01 | M | D | 979,146 | $6.93 | 0 | D | $6.93 · 2018-04-10 to 2022-06-30 | 979,146 Common Stock | (F1) On June 1, 2022, the Reporting Person exercised the 2022 Warrants at the adjusted exercise price of $6.927. Tiptree received cash proceeds of $6,782,544.34 from the exercise of the 2022 Warrants. |