Form 4 for TIPT TIPTREE INC.
Accepted 2023-02-09 00:00:00 ET · period of report 2023-02-07 · accession 0001393726-23-000012 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-02-09 | 2023-02-07 | TIPT | Inayatullah Arif | 10% | F - Tax | $15.88 | -36.6K | 3.55M | -1% | -$581.7K |
| DM | 2023-02-09 | 2023-02-07 | TIPT | Inayatullah Arif | 10% | M - OptEx | $6.35 | +91.6K | 3.56M | +3% | +$581.7K |
| DM | 2023-02-09 | 2023-02-07 | TIPT | Inayatullah Arif | 10% | M - OptEx | $0.00 | -91.6K | 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 | Common Stock | 2023-02-07 | F | D | 967 | $15.88 | 3,555,884 | D | — | — | (F2) Reflects the shares of the Issuer's common stock acquired by the Reporting Person through the cashless exercise of an option to acquire 2,616 shares of common stock, pursuant to which 967 shares were withheld by the Issuer at the closing stock price of $15.88 per share, on the date of exercise, to pay the exercise price of $5.87 per share, resulting in 1,649 shares of common stock being issued to the Reporting Person on a net basis. |
| 2 | Common | Common Stock | 2023-02-07 | M | A | 62,859 | $6.65 | 3,618,743 | D | — | — | (F3) Reflects the shares of the Issuer's common stock acquired by the Reporting Person through the cashless exercise of an option to acquire 62,859 shares of common stock, pursuant to which 26,324 shares were withheld by the Issuer at the closing stock price of $15.88 per share, on the date of exercise, to pay the exercise price of $6.65 per share, resulting in 36,535 shares of common stock being issued to the Reporting Person on a net basis. |
| 3 | Common | Common Stock | 2023-02-07 | F | D | 26,324 | $15.88 | 3,592,419 | D | — | — | (F3) Reflects the shares of the Issuer's common stock acquired by the Reporting Person through the cashless exercise of an option to acquire 62,859 shares of common stock, pursuant to which 26,324 shares were withheld by the Issuer at the closing stock price of $15.88 per share, on the date of exercise, to pay the exercise price of $6.65 per share, resulting in 36,535 shares of common stock being issued to the Reporting Person on a net basis. |
| 4 | Common | Common Stock | 2023-02-07 | M | A | 2,616 | $5.87 | 3,556,851 | D | — | — | (F2) Reflects the shares of the Issuer's common stock acquired by the Reporting Person through the cashless exercise of an option to acquire 2,616 shares of common stock, pursuant to which 967 shares were withheld by the Issuer at the closing stock price of $15.88 per share, on the date of exercise, to pay the exercise price of $5.87 per share, resulting in 1,649 shares of common stock being issued to the Reporting Person on a net basis. |
| 5 | Common | Common Stock | 2023-02-07 | F | D | 9,343 | $15.88 | 3,554,235 | D | — | — | (F1) Reflects the shares of the Issuer's common stock acquired by the Reporting Person through the cashless exercise of an option to acquire 26,166 shares of common stock, pursuant to which 9,343 shares were withheld by the Issuer at the closing stock price of $15.88 per share, on the date of exercise, to pay the exercise price of $5.67 per share, resulting in 16,823 shares of common stock being issued to the Reporting Person on a net basis. |
| 6 | Common | Common Stock | 2023-02-07 | M | A | 26,166 | $5.67 | 3,563,578 | D | — | — | (F1) Reflects the shares of the Issuer's common stock acquired by the Reporting Person through the cashless exercise of an option to acquire 26,166 shares of common stock, pursuant to which 9,343 shares were withheld by the Issuer at the closing stock price of $15.88 per share, on the date of exercise, to pay the exercise price of $5.67 per share, resulting in 16,823 shares of common stock being issued to the Reporting Person on a net basis. |
| 7 | Derivative | March 2016 Stock Option | 2023-02-07 | M | D | 2,616 | $0.00 | 0 | D | $5.87 · — to — | 2,616 Common Stock | (F4) Exercise of these stock options is from the grant date. (F6) The Stock Option will expire on the earlier of (1) March 10, 2026 and (2) the date of the termination of Michael Barnes's service with the Registrant for Cause (as defined in the Stock Option Agreement) or Michael Barnes's voluntary termination of service with the Registrant. |
| 8 | Derivative | February 2017 Stock Option | 2023-02-07 | M | D | 62,859 | $0.00 | 0 | D | $6.65 · — to — | 62,859 Common Stock | (F4) Exercise of these stock options is from the grant date. (F7) The Stock Option will expire on the earlier of (1) February 22, 2027 and (2) the date of the termination of Michael Barnes's service with the Registrant for Cause (as defined in the Stock Option Agreement) or Michael Barnes's voluntary termination of service with the Registrant. |
| 9 | Derivative | January 2016 Stock Option | 2023-02-07 | M | D | 26,166 | $0.00 | 0 | D | $5.67 · — to — | 26,166 Common Stock | (F4) Exercise of these stock options is from the grant date. (F5) The Stock Option will expire on the earlier of (1) January 4, 2026 and (2) the date of the termination of Michael Barnes's service with the Registrant for Cause (as defined in the Stock Option Agreement) or Michael Barnes's voluntary termination of service with the Registrant. |