Michael Barnes - Jun 3, 2021 Form 4 Insider Report for TIPTREE INC. (TIPT)

Signature
/s/ Neil C. Rifkind, as Attorney-in-fact for Michael Barnes
Stock symbol
TIPT
Transactions as of
Jun 3, 2021
Transactions value $
$0
Form type
4
Date filed
6/4/2021, 04:04 PM
Next filing
Aug 5, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TIPT Common Stock 8.62M Jun 3, 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 966K Jun 3, 2021 Common Stock 966K $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 962,583.79 to 966,079.87 as a result of the quarterly dividend paid by Tiptree Inc. on June 1, 2021.