SEC Form 4 · accession 0001209191-16-089311
TIPTREE INC. · TIPT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
TFPLP Holdings III LLC
10% Owner
Period of report
Jan 1, 2016
Accepted (ET)
Jan 5, 2016 · 6:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001393726
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tiptree Financial Partners, L.P. partnership unit warrantF1 | $7.54 | Jan 1, 2016 | J | 14,909 | A | Jul 1, 2014 | Jun 30, 2022 | Class A Common Stock | 41,716 | 604,223 | D |
| Tiptree Financial Partners, L.P. partnership unit warrantF1 | $7.54 | Jan 4, 2016 | J | 190 | A | Jul 1, 2014 | Jun 30, 2022 | Class A Common Stock | 532 | 604,755 | D |
Explanation of responses
- F1TFPLP Holdings III LLC holds warrants to purchase partnership units (the "Partnership Units") of Tiptree Financial Partners, L.P. ("TFP"). Pursuant to the terms of the warrants, TFP's issuance of additional Partnership Units triggered the anti-dilutive mechanisms adjusting the amount and exercise price of the warrants.