Arif Inayatullah - 27 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
27 Jun 2022
Transactions value $
$3,050,083
Form type
4
Filing time
28 Jun 2022, 09:45:49 UTC
Previous filing
02 Jun 2022
Next filing
01 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TIPT Common Stock Options Exercise $3.05M +440K +14.22% $6.93 3.54M 27 Jun 2022 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 TIPT Tiptree Inc. warrant 2022 Options Exercise $0 -440K -100% $0.00* 0 27 Jun 2022 Common Stock 440K $6.93 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 27, 2022, the Reporting Person exercised the 2022 Warrants at the adjusted exercise price of $6.927. Tiptree received cash proceeds of $3,050,082.79 from the exercise of the 2022 Warrants.