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Filing Details

Accession Number:: 0000769993-15-000531
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2015-04-15 17:53:04
Reporting Period:: 2014-11-18

Filing Date:: 2015-04-15
Accepted Time:: 2015-04-15 17:53:04
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	2014-11-18	357	$7.48	5,607,404	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-11-18	224	$7.47	5,607,180	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-11-19	179	$7.37	5,607,359	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-11-19	221	$7.36	5,607,138	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-11-20	446	$7.36	5,607,584	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-11-20	48	$7.35	5,607,536	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-11-21	480	$7.44	5,608,016	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-11-21	895	$7.49	5,607,121	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-11-24	713	$7.48	5,607,834	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-11-24	391	$7.47	5,607,443	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-11-25	585	$7.47	5,608,028	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-11-25	1,183	$7.51	5,570,891	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-11-26	201	$7.46	5,607,046	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-11-26	119	$7.40	5,606,927	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-11-28	1,180	$7.30	5,608,107	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-11-28	2,355	$7.30	5,605,752	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-12-01	1,498	$7.27	5,607,250	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-12-01	1,506	$7.28	5,605,744	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-12-02	378	$7.43	5,606,122	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-12-02	378	$7.43	5,605,744	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-12-03	154	$7.43	5,605,898	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-12-03	155	$7.42	5,605,743	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-12-04	1,600	$7.44	5,607,343	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-12-04	1,934	$7.44	5,605,409	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-12-05	155	$7.71	5,605,564	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-12-05	155	$7.71	5,605,409	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-12-08	994	$8.17	5,606,403	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-12-08	229	$7.52	5,606,174	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-12-09	3,273	$8.26	5,609,447	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-12-09	189	$8.31	5,609,651	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 December 9, 2014, Goldman Sachs beneficially owned directly, and GS Group may have been deemed to have beneficially owned indirectly, 13,651 shares of Common Stock, and Goldman Sachs also had open short positions of 64,267 shares of Common Stock, reflecting changes due to exempt transactions.
Reflects a weighted average purchase price of $7.4812 per share, at prices ranging from $7.41 to $7.50 per share.
Reflects a weighted average sale price of $7.47 per share, at prices ranging from $7.41 to $7.50 per share.
Reflects a weighted average purchase price of $7.3692 per share, at prices ranging from $7.25 to $7.46 per share.
Reflects a weighted average sale price of $7.3607 per share, at prices ranging from $7.25 to $7.42 per share.
Reflects a weighted average purchase price of $7.36 per share, at prices ranging from $7.2544 to $7.41 per share.
Reflects a weighted average sale price of $7.3477 per share, at prices ranging from $7.2544 to $7.35 per share.
Reflects a weighted average purchase price of $7.4394 per share, at prices ranging from $7.41 to $7.51 per share.
Reflects a weighted average sale price of $7.4885 per share, at prices ranging from $7.41 to $7.51 per share.
Reflects a weighted average purchase price of $7.4837 per share, at prices ranging from $7.312 to $7.50 per share.
Reflects a weighted average sale price of $7.4702 per share, at prices ranging from $7.312 to $7.50 per share.
Reflects a weighted average purchase price of $7.4675 per share, at prices ranging from $7.45 to $7.55 per share.
Reflects a weighted average sale price of $7.5092 per share, at prices ranging from $7.45 to $7.55 per share.
Reflects a weighted average purchase price of $7.4637 per share, at prices ranging from $7.3282 to $7.55 per share.
Reflects a weighted average sale price of $7.4042 per share, at prices ranging from $7.3282 to $7.50 per share.
Reflects a weighted average purchase price of $7.3001 per share, at prices ranging from $7.30 to $7.325 per share.
Reflects a weighted average sale price of $7.3001 per share, at prices ranging from $7.30 to $7.325 per share.
Reflects a weighted average purchase price of $7.2701 per share, at prices ranging from $7.27 to $7.435 per share.
Reflects a weighted average sale price of $7.2807 per share, at prices ranging from $7.27 to $7.435 per share.
Reflects a weighted average purchase price of $7.4331 per share, at prices ranging from $7.425 to $7.53 per share.
Reflects a weighted average sale price of $7.4331 per share, at prices ranging from $7.425 to $7.53 per share.
Reflects a weighted average purchase price of $7.4257 per share, at prices ranging from $7.39 to $7.445 per share.
Reflects a weighted average sale price of $7.4246 per share, at prices ranging from $7.26 to $7.445 per share.
Reflects a weighted average purchase price of $7.4388 per share, at prices ranging from $7.42 to $7.44 per share.
Reflects a weighted average sale price of $7.4359 per share, at prices ranging from $7.31 to $7.44 per share.
Reflects a weighted average purchase price of $7.7128 per share, at prices ranging from $7.3705 to $7.84 per share.
Reflects a weighted average sale price of $7.7128 per share, at prices ranging from $7.3705 to $7.84 per share.
Reflects a weighted average purchase price of $8.1726 per share, at prices ranging from $7.5708 to $8.50 per share.
Reflects a weighted average sale price of $7.5213 per share, at prices ranging from $7.42 to $7.83 per share.
Reflects a weighted average purchase price of $8.2575 per share, at prices ranging from $7.92 to $8.4 per share.
Reflects a weighted average sale price of $8.3074 per share, at prices ranging from $8.225 to $8.4 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.