Michael Barnes - Sep 21, 2021 Form 4 Insider Report for TIPTREE INC. (TIPT)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Neil C. Rifkind, as Attorney-in-fact for Michael Barnes
Stock symbol
TIPT
Transactions as of
Sep 21, 2021
Transactions value $
$0
Form type
4
Date filed
9/22/2021, 04:01 PM
Previous filing
Aug 5, 2021
Next filing
Nov 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TIPT Common Stock 8.62M Sep 21, 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 970K Sep 21, 2021 Common Stock 964K $6.99 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 $7.021 to $6.993, as a result of the quarterly dividend paid by Tiptree Inc. on August 30, 2021.
F2 Per the terms of these warrants, the number of shares exercisable was adjusted from 966,079.87 to 969,913.63 as a result of the quarterly dividend paid by Tiptree Inc. on August 30, 2021.