BARNES MICHAEL GENE (Executive Chairman) exercised options at TIPTREE INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 6/2/2022ACC: 0001393726-22-000048
DirectorOfficer10% Owner· Executive Chairman
Since Feb 2019
0.00
Net shares
Net seller
$6.78M
Total acquired
0
Open market trades
0B · 0S
2
Total transactions
979.15K acquired · 979.15K disposed
Non-Derivative Transactions1
Common Stock
Direct
Shares
+979.15K
Price / share
$6.93
Trade value
$6.78M
% of position
11.2%
6/1/2022
8.72M→9.70M
Total
Net shares
+979.15K
Net value
$6.78M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 6/1/2022 | M · Option Exercise | +979.15K | $6.93 | $6.78M | 11.2% | 8.72M | 9.70M |
| Total | +979.15K | $6.78M | ||||||
Derivative Transactions1
Tiptree Inc. warrant 2022
Direct
Converts to
Common Stock
979.15K shares
Shares
−979.15K
Strike price
6.927
Held after
0.00
Exercisable
—
6/1/2022
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Tiptree Inc. warrant 2022 Direct | Common Stock979.15K shares | 6/1/2022 | M · Option Exercise | −979.15K | 6.927 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)1
Common Stock
DirectShares owned8.72M
Total
8.72M direct8.72M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 8.72M | Direct |
| Total | 8.72M | 8.72M direct |
Derivative Holdings (Post-Transaction)1
Tiptree Inc. warrant 2022
DirectUnderlying security
Common Stock
Underlying shares
979.15K
Shares owned
979.15K
Exercise price
6.927
Expiration
—
Exercise window
—
Total
Underlying
979.15K
Owned
979.15K
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Tiptree Inc. warrant 2022 Direct | Common Stock | 6.927 | — | — | 979.15K | 979.15K |
| Total | 979.15K | 979.15K | ||||