Home > Insider Trading > Filing (0000769993-15-000532)

Filing Details

Accession Number:: 0000769993-15-000532
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2015-04-15 17:53:16
Reporting Period:: 2014-12-10

Filing Date:: 2015-04-15
Accepted Time:: 2015-04-15 17:53:16
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	2014-12-10	2,092	$7.80	5,611,743	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-12-10	884	$7.58	5,610,859	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-12-11	1,736	$7.84	5,612,595	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-12-11	550	$7.70	5,612,045	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-12-12	1,023	$7.73	5,613,068	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-12-12	1,067	$7.66	5,612,001	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-12-15	9,324	$7.80	5,621,323	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-12-15	1,144	$7.68	5,620,181	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-12-16	8,879	$7.79	5,629,060	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-12-16	1,129	$7.60	5,627,931	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-12-17	10,742	$7.75	5,638,673	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-12-17	501	$7.70	5,638,172	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-12-18	8,935	$7.77	5,647,107	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-12-18	227	$7.78	5,646,880	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-12-19	9,353	$7.93	5,656,233	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-12-19	25,917	$7.95	5,630,316	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-12-22	748	$7.67	5,630,064	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-12-22	571	$7.62	5,630,493	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-12-23	6,061	$7.80	5,636,554	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-12-23	461	$7.80	5,636,093	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-12-24	2,554	$7.89	5,638,647	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-12-24	422	$7.64	5,638,225	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-12-26	2,552	$8.19	5,640,777	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-12-26	316	$8.05	5,640,461	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-12-29	6,916	$8.23	5,647,377	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-12-29	574	$8.17	5,646,803	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-12-30	825	$8.18	5,647,628	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-12-30	553	$8.11	5,647,075	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2014-12-31	1,425	$8.05	5,648,500	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2014-12-31	860	$8.01	5,647,529	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 31, 2014, Goldman Sachs beneficially owned directly, and GS Group may have been deemed to have beneficially owned indirectly, 51,529 shares of Common Stock, and Goldman Sachs also had open short positions of 59,856 shares of Common Stock, reflecting changes due to exempt transactions.
Reflects a weighted average purchase price of $7.8035 per share, at prices ranging from $7.57 to $8.14 per share.
Reflects a weighted average sale price of $7.5755 per share, at prices ranging from $7.57 to $7.7096 per share.
Reflects a weighted average purchase price of $7.8445 per share, at prices ranging from $7.6004 to $7.93 per share.
Reflects a weighted average sale price of $7.6976 per share, at prices ranging from $7.6004 to $7.91 per share.
Reflects a weighted average purchase price of $7.7256 per share, at prices ranging from $7.66 to $7.88 per share.
Reflects a weighted average sale price of $7.6632 per share, at prices ranging from $7.66 to $7.78 per share.
Reflects a weighted average purchase price of $7.8039 per share, at prices ranging from $7.68 to $7.90 per share.
Reflects a weighted average sale price of $7.681 per share, at prices ranging from $7.68 to $7.745 per share.
Reflects a weighted average purchase price of $7.7944 per share, at prices ranging from $7.60 to $7.89 per share.
Reflects a weighted average sale price of $7.6037 per share, at prices ranging from $7.60 to $7.70 per share.
Reflects a weighted average purchase price of $7.7492 per share, at prices ranging from $7.645 to $7.81 per share.
Reflects a weighted average sale price of $7.6963 per share, at prices ranging from $7.645 to $7.735 per share.
Reflects a weighted average purchase price of $7.7747 per share, at prices ranging from $7.6131 to $8.00 per share.
Reflects a weighted average sale price of $7.7845 per share, at prices ranging from $7.6131 to $7.80 per share.
Reflects a weighted average purchase price of $7.93 per share, at prices ranging from $7.85 to $8.08 per share.
Reflects a weighted average sale price of $7.9487 per share, at prices ranging from $7.71 to $8.05 per share.
Reflects a weighted average purchase price of $7.673 per share, at prices ranging from $7.4813 to $7.97 per share.
Reflects a weighted average sale price of $7.6248 per share, at prices ranging from $7.4813 to $7.8406 per share.
Reflects a weighted average purchase price of $7.7998 per share, at prices ranging from $7.7729 to $7.87 per share.
Reflects a weighted average sale price of $7.8015 per share, at prices ranging from $7.7729 to $7.87 per share.
Reflects a weighted average purchase price of $7.8905 per share, at prices ranging from $7.6113 to $7.94 per share.
Reflects a weighted average sale price of $7.6405 per share, at prices ranging from $7.6113 to $7.72 per share.
Reflects a weighted average purchase price of $8.1897 per share, at prices ranging from $8.0394 to $8.21 per share.
Reflects a weighted average sale price of $8.0458 per share, at prices ranging from $8.0394 to $8.21 per share.
Reflects a weighted average purchase price of $8.2314 per share, at prices ranging from $8.0462 to $8.2401 per share.
Reflects a weighted average sale price of $8.1652 per share, at prices ranging from $8.0462 to $8.2035 per share.
Reflects a weighted average purchase price of $8.1835 per share, at prices ranging from $8.1034 to $8.36 per share.
Reflects a weighted average sale price of $8.1133 per share, at prices ranging from $8.02 to $8.165 per share.
Reflects a weighted average purchase price of $8.0453 per share, at prices ranging from $7.8468 to $8.10 per share.
Reflects a weighted average sale price of $8.0094 per share, at prices ranging from $7.8468 to $8.10 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.