Arif Inayatullah - 06 Dec 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
06 Dec 2021
Net transactions value
$0
Form type
4
Filing time
06 Dec 2021, 15:02:11 UTC
Previous filing
22 Sep 2021
Next filing
30 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TIPT Common Stock 3,097,094 06 Dec 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 437,348 06 Dec 2021 Common Stock 437,348 $6.97 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 $6.993 to $6.974, as a result of the quarterly dividend paid by Tiptree Inc. on November 29, 2021.
F2 Per the terms of these warrants, the number of shares exercisable was adjusted from 436,166.56 to 437,348.14 as a result of the quarterly dividend paid by Tiptree Inc. on November 29, 2021.