Home > Insider Trading > Filing (0000769993-15-000527)

Filing Details

Accession Number:: 0000769993-15-000527
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2015-04-15 17:52:07
Reporting Period:: 2014-08-26

Filing Date:: 2015-04-15
Accepted Time:: 2015-04-15 17:52:07
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	2014-08-26	73	$7.31	5,596,426	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-08-26	154	$7.28	5,596,272	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-08-27	177	$7.19	5,596,449	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-08-27	177	$7.19	5,596,272	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-08-28	360	$7.16	5,593,079	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-08-28	1,400	$7.13	5,591,679	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-08-29	176	$7.26	5,595,408	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-08-29	1,249	$7.24	5,594,159	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-09-02	2,601	$7.14	5,596,760	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-09-02	8,618	$7.14	5,588,142	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-09-03	244	$7.03	5,588,386	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-09-03	820	$6.95	5,587,566	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-09-04	3,532	$6.79	5,591,098	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-09-04	3,732	$6.79	5,587,366	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-09-05	142	$7.01	5,587,508	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-09-05	942	$6.98	5,586,566	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-09-08	3,929	$7.39	5,590,495	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-09-08	2,830	$7.43	5,587,665	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-09-09	4,093	$7.56	5,591,758	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-09-09	1,091	$7.52	5,590,667	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-09-10	3,831	$8.09	5,594,498	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-09-10	831	$8.08	5,593,667	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-09-11	3,215	$8.18	5,596,882	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-09-11	194	$8.07	5,596,688	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-09-12	4,568	$7.98	5,601,256	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-09-12	768	$7.93	5,600,488	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-09-15	4,286	$7.76	5,604,774	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-09-15	86	$7.67	5,604,688	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-09-16	3,785	$7.65	5,608,473	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-09-16	710	$7.60	5,626,845	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 September 16, 2014, Goldman Sachs beneficially owned directly, and GS Group may have been deemed to have beneficially owned indirectly, 30,845 shares of Common Stock, and Goldman Sachs also had open short positions of 54,017 shares of Common Stock, reflecting changes due to exempt transactions.
Reflects a weighted average sale price of $7.2789 per share, at prices ranging from $7.12 to $7.32 per share.
Reflects a weighted average purchase price of $7.1919 per share, at prices ranging from $7.1048 to $7.24 per share.
Reflects a weighted average sale price of $7.1919 per share, at prices ranging from $7.1048 to $7.24 per share.
Reflects a weighted average purchase price of $7.1555 per share, at prices ranging from $7.12 to $7.2322 per share.
Reflects a weighted average sale price of $7.1291 per share, at prices ranging from $7.12 to $7.2322 per share.
Reflects a weighted average purchase price of $7.2626 per share, at prices ranging from $7.24 to $7.2886 per share.
Reflects a weighted average sale price of $7.24 per share, at prices ranging from $7.12 to $7.2886 per share.
Reflects a weighted average purchase price of $7.1435 per share, at prices ranging from $7.14 to $7.2439 per share.
Reflects a weighted average sale price of $7.1411 per share, at prices ranging from $7.14 to $7.2439 per share.
Reflects a weighted average purchase price of $7.0319 per share, at prices ranging from $6.91 to $7.2384 per share.
Reflects a weighted average sale price of $6.945 per share, at prices ranging from $6.86 to $7.2384 per share.
Reflects a weighted average purchase price of $6.7874 per share, at prices ranging from $6.7777 to $6.9647 per share.
Reflects a weighted average sale price of $6.7942 per share, at prices ranging from $6.7777 to $6.9647 per share.
Reflects a weighted average purchase price of $7.006 per share, at prices ranging from $6.9472 to $7.01 per share.
Reflects a weighted average sale price of $6.9776 per share, at prices ranging from $6.84 to $7.06 per share.
Reflects a weighted average purchase price of $7.3908 per share, at prices ranging from $7.24 to $7.4738 per share.
Reflects a weighted average sale price of $7.4287 per share, at prices ranging from $7.2585 to $7.4738 per share.
Reflects a weighted average purchase price of $7.5627 per share, at prices ranging from $7.35 to $7.96 per share.
Reflects a weighted average sale price of $7.5182 per share, at prices ranging from $7.4185 to $7.7519 per share.
Reflects a weighted average purchase price of $8.0875 per share, at prices ranging from $7.92 to $8.5 per share.
Reflects a weighted average sale price of $8.0758 per share, at prices ranging from $7.99 to $8.376 per share.
Reflects a weighted average purchase price of $8.1767 per share, at prices ranging from $7.97 to $8.46 per share.
Reflects a weighted average sale price of $8.0744 per share, at prices ranging from $8.0002 to $8.45 per share.
Reflects a weighted average purchase price of $7.9802 per share, at prices ranging from $7.725 to $8.43 per share.
Reflects a weighted average sale price of $7.9266 per share, at prices ranging from $7.73 to $8.3079 per share.
Reflects a weighted average purchase price of $7.7639 per share, at prices ranging from 7.5852 to $7.85 per share.
Reflects a weighted average sale price of $7.6688 per share, at prices ranging from $7.5852 to $7.81 per share.
Reflects a weighted average purchase price of $7.6545 per share, at prices ranging from 7.59 to $7.8842 per share
Reflects a weighted average sale price of $7.6036 per share, at prices ranging from $7.58 to $7.8842 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.