Ilany Jonathan 4
4 · TIPTREE INC. · Filed Jan 2, 2024
Insider Transaction Report
Form 4
TIPTREE INC.TIPT
Ilany Jonathan
Director
Transactions
- Award
Performance Restricted Stock Units 2024
2024-01-01+550,000→ 550,000 total→ Common Stock (550,000 underlying)
Holdings
- 17,863
Common Stock
- 187,571(indirect: By 401(k))
Common Stock
Footnotes (1)
- [F1]Each performance restricted stock unit (PRSU) represents a contingent right to receive one share of Tiptree Inc. ("Tiptree") common stock. The PRSUs will vest upon Tiptree achieving a share price target milestone based on the average of the thirty (30) trading day closing stock price of $70 (adjusted for dividends paid) prior to the 10th anniversary of the grant date, subject to the Reporting Person's continued employment with Tiptree. Any unvested PRSUs shall expire on January 1, 2034.