Gunther Bright - 15 Jul 2024 Form 4 Insider Report for TPG Inc. (TPG)

Role
Director
Signature
/s/ Bradford Berenson, as attorney-in-fact (3)
Issuer symbol
TPG
Transactions as of
15 Jul 2024
Net transactions value
+$49,996
Form type
4
Filing time
17 Jul 2024, 17:32:33 UTC
Previous filing
16 Apr 2024
Next filing
15 Oct 2024
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 +3,592 +12% 32,722 15 Jul 2024 Direct F1
transaction TPG Class A Common Stock Award $49,996 +1,197 +3.7% $41.77 33,919 15 Jul 2024 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.

Remarks:

(3) Bradford Berenson 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.