Gunther Bright - Jul 15, 2023 Form 4 Insider Report for TPG Inc. (TPG)

Role: Director
Signature: /s/ Joann Harris, as attorney-in-fact (3)
Stock symbol: TPG
Transactions as of: Jul 15, 2023
Transactions value $: $49,990
Form type: 4
Date filed: 7/18/2023, 04:07 PM
Previous filing: Mar 14, 2023
Next filing: Oct 17, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TPG	Class A Common Stock	Award		+5.11K	+27.95%		23.4K	Jul 15, 2023	Direct	F1
transaction	TPG	Class A Common Stock	Award	$50K	+1.7K	+7.28%	$29.35	25.1K	Jul 15, 2023	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Represents an annual award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A common stock of TPG Inc. (the "Issuer"). The Issuer has granted the RSUs pursuant to its Independent Director Compensation Policy. The RSUs will vest on the first anniversary of the grant date, subject to the Reporting Person's continuous service through the vesting date; provided that if the Reporting Person serves through the Issuer's next annual meeting of shareholders occurring after the date of grant, the Reporting Person will be entitled to retain the RSUs.
F2	Represents shares of Class A common stock of the Issuer received by the Reporting Person in lieu of his quarterly cash retainer pursuant to the Reporting Person's election under the Issuer's Independent Director Compensation Policy. The number of shares of Class A common stock was based on the price per share of Class A common stock equal to the ten-trading day average of the daily volume weighted average price per share of Class A common stock through and including the issuance date.

Content

Represents an annual award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A common stock of TPG Inc. (the "Issuer"). The Issuer has granted the RSUs pursuant to its Independent Director Compensation Policy. The RSUs will vest on the first anniversary of the grant date, subject to the Reporting Person's continuous service through the vesting date; provided that if the Reporting Person serves through the Issuer's next annual meeting of shareholders occurring after the date of grant, the Reporting Person will be entitled to retain the RSUs.

Represents shares of Class A common stock of the Issuer received by the Reporting Person in lieu of his quarterly cash retainer pursuant to the Reporting Person's election under the Issuer's Independent Director Compensation Policy. The number of shares of Class A common stock was based on the price per share of Class A common stock equal to the ten-trading day average of the daily volume weighted average price per share of Class A common stock through and including the issuance date.

Remarks:

(3) Joann Harris is signing on behalf of Mr. Bright pursuant to the power of attorney dated June 27, 2022, which was previously filed with the Securities and Exchange Commission.