4//SEC Filing
Barnes Michael Gene 4
Accession 0001393726-22-000080
CIK 0001393726other
Filed
Aug 31, 8:00 PM ET
Accepted
Sep 1, 2:52 PM ET
Size
12.9 KB
Accession
0001393726-22-000080
Insider Transaction Report
Form 4
TIPTREE INC.TIPT
Barnes Michael Gene
DirectorVice Chairman of the Board
Transactions
- Award
January 2016 Stock Option
2022-09-01+46,494→ 46,494 totalExercise: $5.67→ Common Stock (46,494 underlying) - Award
March 2016 Stock Option
2022-09-01+4,649→ 4,649 totalExercise: $5.87→ Common Stock (4,649 underlying) - Award
February 2017 Stock Option
2022-09-01+112,015→ 112,015 totalExercise: $6.65→ Common Stock (112,015 underlying)
Holdings
- 9,702,095
Common Stock
Footnotes (7)
- [F1]On January 4, 2016, in consideration of Michael Barnes's services to the Registrant, Corvid Peak Holdings, L.P. (fka Tricadia Holdings L.P. "Corvid "Peak") was granted stock options to purchase 91,359 shares of common stock of the Registrant subject to the terms of a Stock Option Agreement among the Registrant, Michael Barnes and Corvid Peak. On September 1, 2022, Corvid Peak distributed all 91,359 Stock Options to its partners, pro rata. The Reporting Person received as his pro rata portion 46,494 Stock Options which are now held Direct.
- [F2]Exercise of these stock options is from the grant date.
- [F3]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.
- [F4]On March 10, 2016, in consideration of Michael Barnes's services to the Registrant, Corvid Peak Holdings, L.P. (fka Tricadia Holdings, L.P. "Corvid Peak") was granted stock options to purchase 9,136 shares of common stock of the Registrant subject to the terms of a Stock Option Agreement among the Registrant, Michael Barnes and Corvid Peak. On September 1, 2022, Corvid Peak distributed all 9,136 Stock Options to its partners, pro rata. The Reporting Person received as his pro rata portion 4,649 Stock Options which are now held Direct.
- [F5]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.
- [F6]On February 22, 2017, in consideration of Michael Barnes's service to the Registrant, Corvid Peak Holdings, L.P. (fka Tricadia Holdings L.P. "Corvid Peak") was granted options to purchase 219,472 shares of common stock of the Registrant subject to the terms of a Stock Option Agreement among the Registrant, Michael Barnes and Corvid Peak, which was reported as Indirectly held on the date of grant. On September 1, 2022, Corvid Peak distributed all 219,472 Stock Options to its partners, pro rata. The Reporting Person received as his pro rata portion 112,015 Stock Options which are now held Direct.
- [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.
Documents
Issuer
TIPTREE INC.
CIK 0001393726
Entity typeother
Related Parties
1- filerCIK 0001498811
Filing Metadata
- Form type
- 4
- Filed
- Aug 31, 8:00 PM ET
- Accepted
- Sep 1, 2:52 PM ET
- Size
- 12.9 KB