SEC Form 4 · accession 0001628280-17-006273
TIPTREE INC. · TIPT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arif Inayatullah
10% Owner
Period of report
Jun 5, 2017
Accepted (ET)
Jun 7, 2017 · 3:37 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001393726
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Jun 6, 2017 | J | 506,013 | $5.36 | A | 1,146,106 | D |
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 optionF2 | $5.36 | Jun 5, 2017 | J | 1,510,920 | D | Jul 1, 2014 | Jun 12, 2017 | Class A Common Stock | 1,510,920 | 0 | I |
Explanation of responses
- F1Represents Class A common stock acquired by the reporting person upon the distribution of Class A common stock from the exercise of partnership unit options of Tricadia Capital Management LLC, in which the reporting person is a limited partner.
- F2On June 5, 2017, Tricadia Capital Management, LLC exercised its option to acquire 1,510,920 shares of the issuer's Class A common stock and subsequently distributed such shares to its limited partners. The reporting person is a principal of Tricadia Holdings, L.P., which owns 100% of Tricadia Capital Management, LLC.