Nehal Raj - 13 Jan 2025 Form 4 Insider Report for TPG Inc. (TPG)

Role
Director
Signature
/s/ Bradford Berenson, as attorney-in-fact (5)
Issuer symbol
TPG
Transactions as of
13 Jan 2025
Transactions value $
-$14,776,694
Form type
4
Filing time
15 Jan 2025, 17:40:16 UTC
Previous filing
25 Nov 2024
Next filing
19 Feb 2025
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 Tax liability -$14.8M -237K -10.78% $62.40 1.96M 13 Jan 2025 Direct F1
transaction TPG Class A Common Stock Award +37.6K +1.92% 2M 13 Jan 2025 Direct F2
holding TPG Class A Common Stock 473K 13 Jan 2025 By Personal Investment Vehicle F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 13, 2025, TPG Inc. (the "Issuer") withheld 236,806 shares of Class A common stock ("Class A common stock") of the Issuer from the Reporting Person for payment of the tax liability incident to the vesting of restricted stock units ("RSUs") previously granted by the Issuer.
F2 Represents RSUs. Each RSU represents a contingent right to receive one share of Class A common stock. 1/3 of the RSUs will vest on each of the first, second and third anniversaries of the date of grant.
F3 Because of the relationship between the Reporting Person and the entity holding these securities, the Reporting Person may be deemed to beneficially own these securities to the extent of the greater of the Reporting Person's direct or indirect pecuniary interest in the profits, capital accounts or distributions of the holder. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of the Reporting Person's pecuniary interest therein, if any.
F4 Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities in excess of the Reporting Person's pecuniary interest.

Remarks:

5. Bradford Berenson is signing on behalf of Mr. Raj pursuant to the power of attorney dated December 15, 2023, which was previously filed with the Securities and Exchange Commission.