TIPTREE FINANCIAL INC. 4
4 · TIPTREE FINANCIAL INC. · Filed Nov 5, 2014
Insider Transaction Report
Form 4
Kauffman Geoffrey
DirectorVice Chairman of the Board
Transactions
- Other
Class A Common Stock
2014-11-03+20,266→ 442,125 total
Footnotes (2)
- [F1]In accordance with the terms and conditions set forth in a Redemption Election Notice sent to limited partners of Tiptree Financial Partners, L.P. ("TFP") on May 2, 2014 as supplemented on July 18, 2014, the reporting person directed TFPLP Holdings III LLC ("TFPLP III") to exchange 7,243 limited partnership units of TFP for 20,266 shares of Class A common stock of the Issuer (which have been distributed to the reporting person).
- [F2]Partnership units of TFP are exchangeable for Class A common stock at a rate of one partnership unit of TFP for 2.798 shares of Class A common stock of the Issuer.