4//SEC Filing
Murphy Ken N. 4
Accession 0000947871-23-000286
CIK 0001880661other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 5:05 PM ET
Size
6.8 KB
Accession
0000947871-23-000286
Insider Transaction Report
Form 4
TPG Inc.TPG
Murphy Ken N.
Chief Operating Officer
Transactions
- Award
TPG Partners Holdings, L.P. Units
2023-03-01+9,025→ 2,445,355 total→ Class A Common Stock (9,025 underlying)
Footnotes (2)
- [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.
- [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.
Documents
Issuer
TPG Inc.
CIK 0001880661
Entity typeother
Related Parties
1- filerCIK 0001903742
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 5:05 PM ET
- Size
- 6.8 KB