SEC Form 4 · accession 0001628280-18-002525
TIPTREE INC. · TIPT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Neil Charles Rifkind
Officer — General Counsel and Secretary
Period of report
Feb 26, 2018
Accepted (ET)
Feb 28, 2018 · 5:19 pm EST
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 StockF1 | Feb 26, 2018 | A | 18,796 | $0.00 | A | 80,258 | D | |
| Class A Common StockF3 | Feb 28, 2018 | F | 2,098 | $6.10 | D | 78,160 | D | |
| Class A Common StockF3 | Feb 28, 2018 | F | 2,862 | $6.10 | D | 75,298 | D | |
| Class A Common StockF3 | Feb 28, 2018 | F | 2,602 | $5.90 | D | 72,696 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person was granted restricted stock units, which represent the right to receive shares of the Issuer's Class A Common Stock, pursuant to the Issuer's Equity Plan. The restricted stock units will vest annually in three equal installments on each of February 15, 2019, 2020 and 2021 upon continuous employment from the grant date until such date, subject to certain terms contained in the Reporting Person's award agreement.
- F2Shares withheld upon vesting of the last installment of restricted stock units issued to the Reporting Person on January 5, 2015.
- F3Represents the closing stock price as of the vesting date of the restricted stock units.
- F4Shares withheld upon vesting of the second installment of restricted stock units issued to the Reporting Person on January 4, 2016.
- F5Shares withheld upon vesting of the first installment of restricted stock units issued to the Reporting Person on February 22, 2017.