Key facts
- This page summarizes Ken N. Murphy's Form 4 filing for TPG Inc. (TPG).
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 03 Mar 2023, 16:05.
Ken N. Murphy - 01 Mar 2023 Form 4 Insider Report for TPG Inc. (TPG)
- Reporting relationship
- Chief Operating Officer
- Issuer ticker
- TPG
- Reported as of
- 01 Mar 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 03 Mar 2023, 16:05:40 UTC
- Prior SEC filing
- 18 Jan 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Bradford Berenson, as attorney-in-fact (3)
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Ken N. Murphy filed Form 4 for TPG Inc. (TPG) on 03 Mar 2023.
Change
- Previous filing in this sequence was filed on 18 Jan 2023.
- Current net transaction value: $0.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
TPG
transaction
Derivative
TPG Partners Holdings, L.P. Units
Award
- Transaction value
- $0
- Shares
- +9,025
- Change %
- +0.37%
- Price
- $0.000000
- Shares after
- 2,445,355
- Date
- 01 Mar 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 9,025
- Exercise price
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
On March 1, 2023, 9,025 additional units ("TPH Units") of TPG Partner Holdings, L.P. ("Partner Holdings") were allocated automatically to the Reporting Person in accordance with Partner Holdings' limited partnership agreement upon their forfeiture by a former partner of Partner Holdings.
Footnote F2
Pursuant to an exchange agreement, as disclosed in the prospectus of TPG Inc. (the "Issuer"), filed with the Securities and Exchange Commission on January 4, 2022, TPH Units are ultimately exchangeable for cash or, at the Issuer's election, shares of Class A common stock of the Issuer on a one-for-one basis, subject to customary conversion rate adjustments and transfer restrictions (the "exchange consideration"). Upon an exchange of TPH Units, an equal number of Common Units of the TPG Operating Group held by TPG Group Holdings (SBS), L.P. ("Group Holdings"), of which Partner Holdings is an indirect limited partner, are exchanged on a one-for-one basis for the exchange consideration, and an equal number of shares of Class B common stock of the Issuer also held by Group Holdings will be automatically cancelled for no additional consideration. Each share of Class B common stock entitles the holder to ten votes per share but carries no economic rights.
SEC remarks
(3) Bradford Berenson is signing on behalf of Mr. Murphy pursuant to the power of attorney dated December 29, 2021, which was previously filed with the Securities and Exchange Commission.