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Filing Details

Accession Number:: 0000769993-15-000526
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2015-04-15 17:51:57
Reporting Period:: 2014-08-05

Filing Date:: 2015-04-15
Accepted Time:: 2015-04-15 17:51:57
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1393726	Tiptree Financial Inc.	TIPT	Insurance Agents, Brokers & Service (6411)	383754322

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
769993	Goldman Sachs & Co	200 West Street New York NY 10282		No	No	No	No
886982	Goldman Sachs Group Inc	200 West Street New York NY 10282		No	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2014-08-05	601	$7.02	5,600,775	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-08-05	501	$7.03	5,600,274	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-08-06	908	$6.99	5,601,182	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-08-06	1,146	$6.99	5,600,036	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-08-07	700	$6.91	5,600,736	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-08-07	700	$6.91	5,600,036	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-08-08	839	$6.98	5,600,875	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-08-08	1,639	$6.94	5,599,236	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-08-11	757	$7.09	5,599,993	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-08-11	971	$7.12	5,599,022	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-08-12	248	$7.05	5,599,270	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-08-12	248	$7.05	5,599,022	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-08-13	570	$7.16	5,599,592	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-08-13	3,405	$7.23	5,596,187	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-08-14	37	$7.16	5,596,224	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-08-14	39	$7.14	5,596,185	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-08-15	898	$7.13	5,597,083	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-08-15	1,732	$7.13	5,595,351	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-08-18	595	$7.16	5,595,946	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-08-18	637	$7.16	5,595,309	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-08-19	12	$7.10	5,595,321	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-08-19	12	$7.10	5,595,309	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-08-20	18	$7.22	5,595,327	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-08-20	1,778	$7.21	5,593,549	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-08-21	199	$7.23	5,593,748	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-08-21	635	$7.24	5,593,113	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-08-22	466	$7.23	5,593,579	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-08-22	787	$7.21	5,592,792	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-08-25	42	$7.28	5,592,834	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-08-25	34	$7.26	5,596,353	No	4	S	Indirect	See footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See footnotes
No	4	S	Indirect	See footnotes
No	4	P	Indirect	See footnotes
No	4	S	Indirect	See footnotes
No	4	P	Indirect	See footnotes
No	4	S	Indirect	See footnotes
No	4	P	Indirect	See footnotes
No	4	S	Indirect	See footnotes
No	4	P	Indirect	See footnotes
No	4	S	Indirect	See footnotes
No	4	P	Indirect	See footnotes
No	4	S	Indirect	See footnotes
No	4	P	Indirect	See footnotes
No	4	S	Indirect	See footnotes
No	4	P	Indirect	See footnotes
No	4	S	Indirect	See footnotes
No	4	P	Indirect	See footnotes
No	4	S	Indirect	See footnotes
No	4	P	Indirect	See footnotes
No	4	S	Indirect	See footnotes
No	4	P	Indirect	See footnotes
No	4	S	Indirect	See footnotes
No	4	P	Indirect	See footnotes
No	4	S	Indirect	See footnotes
No	4	P	Indirect	See footnotes
No	4	S	Indirect	See footnotes
No	4	P	Indirect	See footnotes
No	4	S	Indirect	See footnotes
No	4	P	Indirect	See footnotes
No	4	S	Indirect	See footnotes

Footnotes

This statement is being filed by The Goldman Sachs Group, Inc. ("GS Group") and Goldman, Sachs & Co. ("Goldman Sachs" and together with GS Group, the "Reporting Persons"). Goldman Sachs is a wholly-owned subsidiary of GS Group. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein.
The shares of common stock, par value $0.001 per share (the "Common Stock") of Tiptree Financial, Inc. (the "Company") reported herein as purchased and sold were beneficially owned directly by Goldman Sachs, and indirectly by GS Group. Without admitting any legal obligation, Goldman Sachs or another wholly-owned subsidiary of GS Group will remit appropriate profits, if any, to the Company.
For purposes of Rule 13d-3(a) and Rule 16a-1(a) only (and not for any other applicable purpose), GS Group and Goldman Sachs may be deemed to beneficially own indirectly the 5,596,000 shares of Common Stock held by indirect subsidiaries of ProSight Global Holdings Ltd. ("ProSight Global") because (i) certain investment partnerships (the "Funds") own ProSight Investment LLC ("ProSight Investment") and ProSight Parallel Investment LLC ("ProSight Parallel Investment"), shareholders of ProSight Global, (ii) the general partners of the Funds are affiliates of GS Group and Goldman Sachs, (iii) Goldman Sachs is the investment manager of certain of the Funds and (iv) of the relationship between ProSight Equity Management Inc., the manager of ProSight Investment and ProSight Parallel Investment, and Goldman Sachs.
As of August 25, 2014, Goldman Sachs beneficially owned directly, and GS Group may have been deemed to beneficially own indirectly, 353 shares of Common Stock, and Goldman Sachs also had open short positions of 42,985 shares of Common Stock, reflecting changes due to exempt transactions.
Reflects a weighted average purchase price of $7.0244 per share, at prices ranging from $6.971 to $7.03 per share.
Reflects a weighted average sale price of $7.0272 per share, at prices ranging from $6.971 to $7.03 per share.
Reflects a weighted average purchase price of $6.985 per share, at prices ranging from $6.8028 to $7.01 per share.
Reflects a weighted average sale price of $6.987 per share, at prices ranging from $6.8028 to $7.03 per share.
Reflects a weighted average purchase price of $6.9074 per share, at prices ranging from $6.781 to $7.0462 per share.
Reflects a weighted average sale price of $6.9074 per share, at prices ranging from $6.781 to $7.0462 per share.
Reflects a weighted average purchase price of $6.9754 per share, at prices ranging from $6.8195 to $7.05 per share.
Reflects a weighted average sale price of $6.9374 per share, at prices ranging from $6.8195 to $7.05 per share.
Reflects a weighted average purchase price of $7.0871 per share, at prices ranging from $6.9502 to $7.22 per share.
Reflects a weighted average sale price of $7.1164 per share, at prices ranging from $6.9502 to $7.22 per share.
Reflects a weighted average purchase price of $7.164 per share, at prices ranging from $7.1078 to $7.19 per share.
Reflects a weighted average sale price of $7.2275 per share, at prices ranging from $7.1078 to $7.2299 per share.
Reflects a weighted average purchase price of $7.1556 per share, at prices ranging from $7.09 to $7.1955 per share.
Reflects a weighted average sale price of $7.143 per share, at prices ranging from $6.91 to $7.1955 per share.
Reflects a weighted average purchase price of $7.1332 per share, at prices ranging from $6.978 to $7.2513 per share.
Reflects a weighted average sale price of $7.134 per share, at prices ranging from $6.978 to $7.2513 per share.
Reflects a weighted average purchase price of $7.1574 per share, at prices ranging from $6.9897 to $7.19 per share.
Reflects a weighted average sale price of $7.1595 per share, at prices ranging from $6.9897 to $7.19 per share.
Reflects a weighted average purchase price of $7.0991 per share, at prices ranging from $6.9818 to $7.1829 per share.
Reflects a weighted average sale price of $7.0991 per share, at prices ranging from $6.9818 to $7.1829 per share.
Reflects a weighted average sale price of $7.2144 per share, at prices ranging from $7.17 to $7.22 per share.
Reflects a weighted average purchase price of $7.2341 per share, at prices ranging from $7.0711 to $7.2974 per share.
Reflects a weighted average sale price of $7.2412 per share, at prices ranging from $7.0711 to $7.2974 per share.
Reflects a weighted average purchase price of $7.2252 per share, at prices ranging from $7.2 to $7.2653 per share.
Reflects a weighted average sale price of $7.2104 per share, at prices ranging from $7.11 to $7.2653 per share.
Reflects a weighted average purchase price of $7.2761 per share, at prices ranging from $7.1196 to $7.32 per share.
Reflects a weighted average sale price of $7.2594 per share, at prices ranging from $7.10 to $7.29 per share.
Upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price will be provided.