Arif Inayatullah - Jun 1, 2022 Form 4 Insider Report for TIPTREE INC. (TIPT)

Role
10%+ Owner
Signature
/s/ Neil C. Rifkind, as Attorney-in-fact for Arif Inayatullah
Stock symbol
TIPT
Transactions as of
Jun 1, 2022
Transactions value $
$0
Form type
4
Date filed
6/2/2022, 04:13 PM
Previous filing
Mar 30, 2022
Next filing
Jun 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TIPT Common Stock 3.1M Jun 1, 2022 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 440K Jun 1, 2022 Common Stock 440K $6.93 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 $6.954 to $6.927, as a result of the quarterly dividend paid by Tiptree Inc. on May 31, 2022.
F2 Per the terms of these warrants, the number of shares exercisable was adjusted from 438,624.45 to 440,318 as a result of the quarterly dividend paid by Tiptree Inc. on May 31, 2022.