Michael Barnes - 06 Dec 2021 Form 4 Insider Report for TIPTREE INC. (TIPT)

Role: Executive Chairman, Director, 10%+ Owner
Signature: /s/ Neil C. Rifkind, as Attorney-in-fact for Michael Barnes
Issuer symbol: TIPT
Transactions as of: 06 Dec 2021
Transactions value $: $0
Form type: 4
Filing time: 06 Dec 2021, 15:01:20 UTC
Previous filing: 22 Nov 2021
Next filing: 30 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	TIPT	Common Stock						8.72M	06 Dec 2021	Direct

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
holding	TIPT	Tiptree Inc. warrant 2022						973K	06 Dec 2021	Common Stock	973K	$6.97	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Per the terms of these warrants, the exercise price was adjusted from $6.993 to $6.974, as a result of the quarterly dividend paid by Tiptree Inc. on November 29, 2021.
F2	Per the terms of these warrants, the number of shares exercisable was adjusted from 969,913.63 to 972,541.14 as a result of the quarterly dividend paid by Tiptree Inc. on November 29, 2021.