Arif Inayatullah - 07 Feb 2023 Form 4 Insider Report for TIPTREE INC. (TIPT)

Reporting relationship: 10%+ Owner
Issuer ticker: TIPT
Reported as of: 07 Feb 2023
Net transaction value: -$18.43
SEC form: 4
Accepted by SEC: 09 Feb 2023, 13:03:55 UTC
Prior SEC filing: 01 Sep 2022
Source filing: View source filing
Reporting owner signature: /s/ Neil C. Rifkind, as Attorney-in-fact for Arif Inayatullah

Key filing fact

Arif Inayatullah filed Form 4 for TIPTREE INC. (TIPT) on 09 Feb 2023.

Key facts

This page summarizes Arif Inayatullah's Form 4 filing for TIPTREE INC. (TIPT).
9 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 09 Feb 2023, 13:03.

Change

Previous filing in this sequence was filed on 01 Sep 2022.
Current net transaction value: -$18.43.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TIPT transaction

Common Stock

Options Exercise

Transaction value: $148,361
Shares: +26,166
Change %: +0.74%
Price: $5.67
Shares after: 3,563,578
Date: 07 Feb 2023
Ownership: Direct
Footnotes: F1

TIPT transaction

Common Stock

Tax liability

Transaction value: $148,367
Shares: -9,343
Change %: -0.26%
Price: $15.88
Shares after: 3,554,235
Date: 07 Feb 2023
Ownership: Direct
Footnotes: F1

TIPT transaction

Common Stock

Options Exercise

Transaction value: $15,356
Shares: +2,616
Change %: +0.07%
Price: $5.87
Shares after: 3,556,851
Date: 07 Feb 2023
Ownership: Direct
Footnotes: F2

TIPT transaction

Common Stock

Tax liability

Transaction value: $15,356
Shares: -967
Change %: -0.03%
Price: $15.88
Shares after: 3,555,884
Date: 07 Feb 2023
Ownership: Direct
Footnotes: F2

TIPT transaction

Common Stock

Options Exercise

Transaction value: $418,012
Shares: +62,859
Change %: +1.8%
Price: $6.65
Shares after: 3,618,743
Date: 07 Feb 2023
Ownership: Direct
Footnotes: F3

TIPT transaction

Common Stock

Tax liability

Transaction value: $418,025
Shares: -26,324
Change %: -0.73%
Price: $15.88
Shares after: 3,592,419
Date: 07 Feb 2023
Ownership: Direct
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TIPT transaction Derivative

January 2016 Stock Option

Options Exercise

Transaction value: $0
Shares: -26,166
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 07 Feb 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 26,166
Exercise price: $5.67
Footnotes: F4, F5

TIPT transaction Derivative

March 2016 Stock Option

Options Exercise

Transaction value: $0
Shares: -2,616
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 07 Feb 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,616
Exercise price: $5.87
Footnotes: F4, F6

TIPT transaction Derivative

February 2017 Stock Option

Options Exercise

Transaction value: $0
Shares: -62,859
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 07 Feb 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 62,859
Exercise price: $6.65
Footnotes: F4, F7

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

Reflects the shares of the Issuer's common stock acquired by the Reporting Person through the cashless exercise of an option to acquire 26,166 shares of common stock, pursuant to which 9,343 shares were withheld by the Issuer at the closing stock price of $15.88 per share, on the date of exercise, to pay the exercise price of $5.67 per share, resulting in 16,823 shares of common stock being issued to the Reporting Person on a net basis.

Footnote F2

Reflects the shares of the Issuer's common stock acquired by the Reporting Person through the cashless exercise of an option to acquire 2,616 shares of common stock, pursuant to which 967 shares were withheld by the Issuer at the closing stock price of $15.88 per share, on the date of exercise, to pay the exercise price of $5.87 per share, resulting in 1,649 shares of common stock being issued to the Reporting Person on a net basis.

Footnote F3

Reflects the shares of the Issuer's common stock acquired by the Reporting Person through the cashless exercise of an option to acquire 62,859 shares of common stock, pursuant to which 26,324 shares were withheld by the Issuer at the closing stock price of $15.88 per share, on the date of exercise, to pay the exercise price of $6.65 per share, resulting in 36,535 shares of common stock being issued to the Reporting Person on a net basis.

Footnote F4

Exercise of these stock options is from the grant date.

Footnote F5

The Stock Option will expire on the earlier of (1) January 4, 2026 and (2) the date of the termination of Michael Barnes's service with the Registrant for Cause (as defined in the Stock Option Agreement) or Michael Barnes's voluntary termination of service with the Registrant.

Footnote F6

The Stock Option will expire on the earlier of (1) March 10, 2026 and (2) the date of the termination of Michael Barnes's service with the Registrant for Cause (as defined in the Stock Option Agreement) or Michael Barnes's voluntary termination of service with the Registrant.

Footnote F7

The Stock Option will expire on the earlier of (1) February 22, 2027 and (2) the date of the termination of Michael Barnes's service with the Registrant for Cause (as defined in the Stock Option Agreement) or Michael Barnes's voluntary termination of service with the Registrant.