Arif Inayatullah - 01 Jun 2022 Form 4 Insider Report for TIPTREE INC. (TIPT)

Role
10%+ Owner
Signature
/s/ Neil C. Rifkind, as Attorney-in-fact for Arif Inayatullah
Issuer symbol
TIPT
Transactions as of
01 Jun 2022
Transactions value $
$0
Form type
4
Filing time
02 Jun 2022, 16:13:07 UTC
Previous filing
30 Mar 2022
Next filing
28 Jun 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 3.1M 01 Jun 2022 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 440K 01 Jun 2022 Common Stock 440K $6.93 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 $6.954 to $6.927, as a result of the quarterly dividend paid by Tiptree Inc. on May 31, 2022.
F2 Per the terms of these warrants, the number of shares exercisable was adjusted from 438,624.45 to 440,318 as a result of the quarterly dividend paid by Tiptree Inc. on May 31, 2022.