DEBORAH M. MESSEMER - 15 Jul 2024 Form 4 Insider Report for TPG Inc. (TPG)

Role: Director
Signature: /s/ Bradford Berenson, as attorney-in-fact (3)
Issuer symbol: TPG
Transactions as of: 15 Jul 2024
Net transactions value: -$190,332
Form type: 4
Filing time: 17 Jul 2024, 17:37:49 UTC
Previous filing: 20 Jun 2024
Next filing: 10 Dec 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TPG	Class A Common Stock	Award		+3,592	+20%		21,625	15 Jul 2024	Direct	F1
transaction	TPG	Class A Common Stock	Sale	$190,332	-4,089	-19%	$46.55	17,536	17 Jul 2024	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	Represents an annual award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A common stock of TPG Inc. (the "Issuer"). The Issuer has granted the RSUs pursuant to its Independent Director Compensation Policy. The RSUs will vest on the first anniversary of the grant date, subject to the Reporting Person's continuous service through the vesting date; provided that if the Reporting Person serves through the Issuer's next annual meeting of shareholders occurring after the date of grant, the Reporting Person will be entitled to retain the RSUs.
F2	The price reported in Column 4 is a weighted average price. These shares of Class A common stock of the Issuer were sold in multiple transactions at prices ranging from $45.94 to $46.95, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission (the "Commission"), upon request, full information regarding the number of shares sold at each separate price within the range set forth above.

Content

Represents an annual award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A common stock of TPG Inc. (the "Issuer"). The Issuer has granted the RSUs pursuant to its Independent Director Compensation Policy. The RSUs will vest on the first anniversary of the grant date, subject to the Reporting Person's continuous service through the vesting date; provided that if the Reporting Person serves through the Issuer's next annual meeting of shareholders occurring after the date of grant, the Reporting Person will be entitled to retain the RSUs.

The price reported in Column 4 is a weighted average price. These shares of Class A common stock of the Issuer were sold in multiple transactions at prices ranging from $45.94 to $46.95, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission (the "Commission"), upon request, full information regarding the number of shares sold at each separate price within the range set forth above.

Remarks:

(3) Bradford Berenson is signing on behalf of Ms. Messemer pursuant to the power of attorney dated December 29, 2021, which was previously filed with the Commission.