Ganendran Sarvananthan - Jan 13, 2025 Form 4 Insider Report for TPG Inc. (TPG)

Role
Director
Signature
/s/ Bradford Berenson, as attorney-in-fact (5)
Stock symbol
TPG
Transactions as of
Jan 13, 2025
Transactions value $
$0
Form type
4
Date filed
1/15/2025, 05:48 PM
Previous filing
Nov 14, 2024
Next filing
Feb 19, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPG Class A Common Stock Award +138K +326.47% 181K Jan 13, 2025 Direct F1
holding TPG Class A Common Stock 1.37M Jan 13, 2025 By Personal Investment Vehicle F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TPG Performance Stock Units Award $0 +188K $0.00 188K Jan 13, 2025 Class A Common Stock 188K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A common stock of TPG Inc. (the "Issuer"). 13,150 of the RSUs will vest in three equal installments on each of the first, second and third anniversaries of the date of grant. 125,235 of the RSUs will vest in five equal installments on each of the first, second, third, fourth and fifth anniversaries of the date of grant.
F2 Represents performance stock units ("PSUs"). Each PSU represents a contingent right to receive one share of Class A common stock when both service and performance conditions are satisfied. 25% of the PSUs will service-vest on each of the second, third, fourth and fifth anniversaries of the date of grant. 1/3 of the PSUs will 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 (x) 1.25x the closing stock price on the date of grant, (y) 1.5x the closing stock price on the date of grant and (z) 1.75x the closing stock price on the date of grant. The PSUs with respect to (x) and (y) will be forfeited if the relevant performance condition is not achieved prior to the fourth anniversary of the date of grant and the PSUs with respect to (z) will be forfeited if the performance condition is not achieved prior to the sixth anniversary 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. Sarvananthan pursuant to the power of attorney dated December 29, 2021, which was previously filed with the Securities and Exchange Commission.