4//SEC Filing
Inayatullah Arif 4
Accession 0001393726-23-000012
CIK 0001393726other
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 2:03 PM ET
Size
20.2 KB
Accession
0001393726-23-000012
Insider Transaction Report
Form 4
TIPTREE INC.TIPT
Inayatullah Arif
10% Owner
Transactions
- Exercise/Conversion
Common Stock
2023-02-07$6.65/sh+62,859$418,012→ 3,618,743 total - Exercise/Conversion
January 2016 Stock Option
2023-02-07−26,166→ 0 totalExercise: $5.67→ Common Stock (26,166 underlying) - Tax Payment
Common Stock
2023-02-07$15.88/sh−26,324$418,025→ 3,592,419 total - Exercise/Conversion
March 2016 Stock Option
2023-02-07−2,616→ 0 totalExercise: $5.87→ Common Stock (2,616 underlying) - Tax Payment
Common Stock
2023-02-07$15.88/sh−9,343$148,367→ 3,554,235 total - Tax Payment
Common Stock
2023-02-07$15.88/sh−967$15,356→ 3,555,884 total - Exercise/Conversion
Common Stock
2023-02-07$5.67/sh+26,166$148,361→ 3,563,578 total - Exercise/Conversion
Common Stock
2023-02-07$5.87/sh+2,616$15,356→ 3,556,851 total - Exercise/Conversion
February 2017 Stock Option
2023-02-07−62,859→ 0 totalExercise: $6.65→ Common Stock (62,859 underlying)
Footnotes (7)
- [F1]Reflects the shares of the Issuer's common stock acquired by the Reporting Person through the cashless exercise of an option to acquire 26,166 shares of common stock, pursuant to which 9,343 shares were withheld by the Issuer at the closing stock price of $15.88 per share, on the date of exercise, to pay the exercise price of $5.67 per share, resulting in 16,823 shares of common stock being issued to the Reporting Person on a net basis.
- [F2]Reflects the shares of the Issuer's common stock acquired by the Reporting Person through the cashless exercise of an option to acquire 2,616 shares of common stock, pursuant to which 967 shares were withheld by the Issuer at the closing stock price of $15.88 per share, on the date of exercise, to pay the exercise price of $5.87 per share, resulting in 1,649 shares of common stock being issued to the Reporting Person on a net basis.
- [F3]Reflects the shares of the Issuer's common stock acquired by the Reporting Person through the cashless exercise of an option to acquire 62,859 shares of common stock, pursuant to which 26,324 shares were withheld by the Issuer at the closing stock price of $15.88 per share, on the date of exercise, to pay the exercise price of $6.65 per share, resulting in 36,535 shares of common stock being issued to the Reporting Person on a net basis.
- [F4]Exercise of these stock options is from the grant date.
- [F5]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.
- [F6]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.
- [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 0001499674
Filing Metadata
- Form type
- 4
- Filed
- Feb 8, 7:00 PM ET
- Accepted
- Feb 9, 2:03 PM ET
- Size
- 20.2 KB