4//SEC Filing
Sarvananthan Ganendran 4
Accession 0000947871-25-000045
CIK 0001880661other
Filed
Jan 14, 7:00 PM ET
Accepted
Jan 15, 5:48 PM ET
Size
10.4 KB
Accession
0000947871-25-000045
Insider Transaction Report
Form 4
TPG Inc.TPG
Sarvananthan Ganendran
Director
Transactions
- Award
Class A Common Stock
2025-01-13+138,385→ 180,773 total - Award
Performance Stock Units
2025-01-13+187,853→ 187,853 total→ Class A Common Stock (187,853 underlying)
Holdings
- 1,367,030(indirect: By Personal Investment Vehicle)
Class A Common Stock
Footnotes (4)
- [F1]Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A common stock of TPG Inc. (the "Issuer"). 13,150 of the RSUs will vest in three equal installments on each of the first, second and third anniversaries of the date of grant. 125,235 of the RSUs will vest in five equal installments on each of the first, second, third, fourth and fifth anniversaries of the date of grant.
- [F2]Represents performance stock units ("PSUs"). Each PSU represents a contingent right to receive one share of Class A common stock when both service and performance conditions are satisfied. 25% of the PSUs will service-vest on each of the second, third, fourth and fifth anniversaries of the date of grant. 1/3 of the PSUs will performance-vest on each of the first day following the date on which the 30-day volume weighted average trading price of a share of Class A common stock equals or exceeds (x) 1.25x the closing stock price on the date of grant, (y) 1.5x the closing stock price on the date of grant and (z) 1.75x the closing stock price on the date of grant. The PSUs with respect to (x) and (y) will be forfeited if the relevant performance condition is not achieved prior to the fourth anniversary of the date of grant and the PSUs with respect to (z) will be forfeited if the performance condition is not achieved prior to the sixth anniversary of the date of grant.
- [F3]Because of the relationship between the Reporting Person and the entity holding these securities, the Reporting Person may be deemed to beneficially own these securities to the extent of the greater of the Reporting Person's direct or indirect pecuniary interest in the profits, capital accounts or distributions of the holder. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of the Reporting Person's pecuniary interest therein, if any.
- [F4]Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities in excess of the Reporting Person's pecuniary interest.
Documents
Issuer
TPG Inc.
CIK 0001880661
Entity typeother
Related Parties
1- filerCIK 0001903744
Filing Metadata
- Form type
- 4
- Filed
- Jan 14, 7:00 PM ET
- Accepted
- Jan 15, 5:48 PM ET
- Size
- 10.4 KB