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Filing Details

Accession Number:: 0000769993-15-000530
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2015-04-15 17:52:52
Reporting Period:: 2014-10-28

Filing Date:: 2015-04-15
Accepted Time:: 2015-04-15 17:52:52
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	2014-10-28	751	$7.68	5,609,819	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-10-28	703	$7.78	5,609,116	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-10-29	372	$8.17	5,609,488	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-10-29	1,549	$8.23	5,607,939	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-10-30	386	$8.00	5,608,325	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-10-30	386	$8.00	5,607,939	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-10-31	1,248	$8.02	5,609,187	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-10-31	1,373	$8.02	5,607,814	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-11-03	356	$7.87	5,608,170	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-11-03	387	$7.87	5,607,783	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-11-04	322	$7.76	5,608,105	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-11-04	239	$7.72	5,607,866	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-11-05	323	$8.02	5,608,189	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-11-05	323	$8.02	5,607,866	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-11-06	1,228	$8.19	5,609,094	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-11-06	771	$8.14	5,608,323	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-11-07	473	$7.68	5,608,796	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-11-07	1,789	$7.76	5,607,007	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-11-10	402	$7.96	5,606,476	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-11-10	933	$8.05	5,606,476	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-11-11	219	$8.02	5,606,695	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-11-11	5	$7.83	5,606,690	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-11-12	101	$7.98	5,606,791	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-11-12	23	$8.08	5,606,768	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-11-13	33	$8.07	5,606,801	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-11-13	33	$8.07	5,606,768	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-11-14	9	$7.55	5,606,777	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-11-14	59	$7.69	5,606,718	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-11-17	368	$7.53	5,607,086	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-11-17	368	$7.53	5,607,047	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 November 17, 2014, Goldman Sachs beneficially owned directly, and GS Group may have been deemed to have beneficially owned indirectly, 11,047 shares of Common Stock, and Goldman Sachs also had open short positions of 63,674 shares of Common Stock, reflecting changes due to exempt transactions.
Reflects a weighted average purchase price of $7.6816 per share, at prices ranging from $7.5112 to $7.97 per share.
Reflects a weighted average sale price of $7.7753 per share, at prices ranging from $7.5112 to $7.97 per share.
Reflects a weighted average purchase price of $8.1717 per share, at prices ranging from $8.0434 to $8.33 per share.
Reflects a weighted average sale price of $8.2318 per share, at prices ranging from $8.00 to $8.33 per share.
Reflects a weighted average purchase price of $7.9988 per share, at prices ranging from $7.9692 to $8.07 per share.
Reflects a weighted average sale price of $7.9988 per share, at prices ranging from $7.9692 to $8.07 per share.
Reflects a weighted average purchase price of $8.0194 per share, at prices ranging from $7.7317 to $8.08 per share.
Reflects a weighted average sale price of $8.0249 per share, at prices ranging from $7.7317 to $8.08 per share.
Reflects a weighted average purchase price of $7.8720 per share, at prices ranging from $7.79 to $7.927 per share.
Reflects a weighted average sale price of $7.8662 per share, at prices ranging from $7.79 to $7.927 per share.
Reflects a weighted average purchase price of $7.7631 per share, at prices ranging from $7.6317 to $8.10 per share.
Reflects a weighted average sale price of $7.7164 per share, at prices ranging from $7.6317 to $8.10 per share.
Reflects a weighted average purchase price of $8.0230 per share, at prices ranging from $8.0226 to $8.0275 per share.
Reflects a weighted average sale price of $8.0230 per share, at prices ranging from $8.0226 to $8.0275 per share.
Reflects a weighted average purchase price of $8.1948 per share, at prices ranging from $7.944 to $8.28 per share.
Reflects a weighted average sale price of $8.1442 per share, at prices ranging from $7.944 to $8.28 per share.
Reflects a weighted average sale price of $7.7569 per share, at prices ranging from $7.53 to $8.09 per share.
Reflects a weighted average purchase price of $7.9629 per share, at prices ranging from $7.70 to $8.05 per share.
Reflects a weighted average sale price of $8.0476 per share, at prices ranging from $7.61 to $8.05 per share.
Reflects a weighted average purchase price of $8.0194 per share, at prices ranging from $7.825 to $8.08 per share.
Reflects a weighted average purchase price of $7.9796 per share, at prices ranging from $7.95 to $8.08 per share.
Reflects a weighted average purchase price of $8.0653 per share, at prices ranging from $7.72 to $8.21 per share.
Reflects a weighted average sale price of $8.0653 per share, at prices ranging from $7.72 to $8.21 per share.
Reflects a weighted average sale price of $7.6947 per share, at prices ranging from $7.5547 to $7.7199 per share.
Reflects a weighted average purchase price of $7.5251 per share, at prices ranging from $7.4919 to $7.53 per share.
Reflects a weighted average sale price of $7.5251 per share, at prices ranging from $7.4919 to $7.53 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.