Jennifer L. Chu - Apr 14, 2025 Form 4 Insider Report for TPG Inc. (TPG)

Role: Chief Legal Officer & GC
Signature: /s/ Jennifer L. Chu
Stock symbol: TPG
Transactions as of: Apr 14, 2025
Transactions value $: $0
Form type: 4
Date filed: 4/16/2025, 04:38 PM
Previous filing: Apr 10, 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	Award		+161K			161K	Apr 14, 2025	Direct	F1

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	+138K		$0.00	138K	Apr 14, 2025	Class A Common Stock	138K		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"). 68,871 of the RSUs will vest in four equal installments on each of the first, second, third and fourth anniversaries of the date of grant. 91,828 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. The PSUs will service-vest on April 1, 2026. 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.

Content

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"). 68,871 of the RSUs will vest in four equal installments on each of the first, second, third and fourth anniversaries of the date of grant. 91,828 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.

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. The PSUs will service-vest on April 1, 2026. 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.