Scott T. McKinney - Jan 1, 2024 Form 4 Insider Report for TIPTREE INC. (TIPT)

Role
Chief Financial Officer
Signature
/s/ Neil C. Rifkind, Attorney-in-Fact for Scott T. McKinney
Stock symbol
TIPT
Transactions as of
Jan 1, 2024
Transactions value $
$0
Form type
4
Date filed
1/2/2024, 04:11 PM
Previous filing
Apr 3, 2023
Next filing
Oct 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TIPT Common Stock 55.2K Jan 1, 2024 Direct
holding TIPT Common Stock 168 Jan 1, 2024 By 401K

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
transaction TIPT Performance Restricted Stock Units 2024 Award $0 +138K $0.00 138K Jan 1, 2024 Common Stock 138K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance restricted stock unit (PRSU) represents a contingent right to receive one share of Tiptree Inc. ("Tiptree") common stock. The PRSUs will vest upon Tiptree achieving a share price target milestone based on the average of the thirty (30) trading day closing stock price of $70 (adjusted for dividends paid) prior to the 10th anniversary of the grant date, subject to the Reporting Person's continued employment with Tiptree. Any unvested PRSUs shall expire on January 1, 2034.