JON WINKELRIED - 13 Jan 2025 Form 4 Insider Report for TPG Inc. (TPG)

Signature
/s/ Bradford Berenson, as attorney-in-fact (5)
Issuer symbol
TPG
Transactions as of
13 Jan 2025
Transactions value $
-$25,208,602
Form type
4
Filing time
15 Jan 2025, 18:14:36 UTC
Previous filing
02 Dec 2024
Next filing
19 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPG Class A Common Stock Tax liability -$25,208,601 -403,984 -12.52% $62.4 2,822,476 13 Jan 2025 Direct F1
transaction TPG Class A Common Stock Award +122,595 +4.34% 2,945,071 13 Jan 2025 Direct F2
transaction TPG Class A Common Stock Options Exercise +583,821 +19.82% 3,528,892 13 Jan 2025 Direct F3

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 Options Exercise $0 -583,821 -15% $0 3,308,312 13 Jan 2025 Class A Common Stock 583,821 Direct 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 403,984 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 Represents shares of Class A common stock that will be delivered to the Reporting Person promptly following January 13, 2029 in connection with the vesting of performance stock units ("PRSUs") previously granted by the Issuer.
F4 Represents PRSUs. Each PRSU represents a contingent right to receive one share of Class A common stock when both service and performance conditions are satisfied. The service and performance conditions were previously described on the Reporting Person's Form 4 previously filed with the Securities and Exchange Commission (the "Commission") on December 4, 2023.

Remarks:

5. Bradford Berenson is signing on behalf of Mr. Winkelried pursuant to the power of attorney dated December 29, 2021, which was previously filed with the Commission.