Arif Inayatullah - 03 Jun 2021 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: 03 Jun 2021
Net transactions value: $0
Form type: 4
Filing time: 04 Jun 2021, 16:03:02 UTC
Next filing: 22 Sep 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	TIPT	Common Stock						3,097,094	03 Jun 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						434,443	03 Jun 2021	Common Stock	434,443	$7.02	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 $7.046 to $7.021, as a result of the quarterly dividend paid by Tiptree Inc. on June 1, 2021.
F2	Per the terms of these warrants, the number of shares exercisable was adjusted from 432,870.36 to 434,442.53 as a result of the quarterly dividend paid by Tiptree Inc. on June 1, 2021.