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Filing Details

Accession Number:: 0000769993-15-000533
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2015-04-15 17:53:26
Reporting Period:: 2015-01-02

Filing Date:: 2015-04-15
Accepted Time:: 2015-04-15 17:53:26
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	2015-01-02	740	$7.96	5,648,269	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2015-01-02	1,000	$7.95	5,647,269	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2015-01-05	2,249	$7.73	5,649,518	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2015-01-05	4,459	$7.70	5,645,059	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2015-01-06	1,888	$7.70	5,646,947	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2015-01-06	3,578	$7.69	5,643,369	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2015-01-07	751	$7.63	5,644,120	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2015-01-07	670	$7.61	5,643,450	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2015-01-08	432	$7.61	5,643,882	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2015-01-08	432	$7.61	5,643,450	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2015-01-09	703	$7.66	5,644,153	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2015-01-09	690	$7.66	5,643,463	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2015-01-12	2,043	$7.66	5,645,506	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2015-01-12	1,453	$7.66	5,644,053	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2015-01-13	1,925	$7.69	5,645,978	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2015-01-13	2,003	$7.69	5,643,975	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2015-01-14	329	$7.59	5,644,305	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2015-01-14	693	$7.59	5,643,611	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2015-01-15	1,516	$7.55	5,645,127	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2015-01-15	3,001	$7.54	5,642,126	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2015-01-16	454	$7.58	5,642,580	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2015-01-16	948	$7.60	5,641,632	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2015-01-20	63	$7.65	5,641,695	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2015-01-20	947	$7.48	5,640,748	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2015-01-21	315	$7.58	5,641,063	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2015-01-21	515	$7.49	5,640,548	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2015-01-22	1,781	$7.53	5,642,329	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2015-01-22	1,525	$7.50	5,640,804	No	4	S	Indirect	See footnotes
Class A Common Stock	Acquisiton	2015-01-23	386	$7.48	5,641,190	No	4	P	Indirect	See footnotes
Class A Common Stock	Disposition	2015-01-23	386	$7.48	5,636,980	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 January 23, 2015, Goldman Sachs beneficially owned directly, and GS Group may have been deemed to have beneficially owned indirectly, 40,980 shares of Common Stock, and Goldman Sachs also had open short positions of 55,299 shares of Common Stock, reflecting changes due to exempt transactions.
Reflects a weighted average purchase price of $7.9588 per share, at prices ranging from $7.895 to $7.9757 per share.
Reflects a weighted average sale price of $7.9539 per share, at prices ranging from $7.895 to $7.9757 per share.
Reflects a weighted average purchase price of $7.7319 per share, at prices ranging from $7.67 to $7.845 per share.
Reflects a weighted average sale price of $7.7012 per share, at prices ranging from $7.67 to $7.845 per share.
Reflects a weighted average purchase price of $7.7031 per share, at prices ranging from $7.67 to $7.875 per share.
Reflects a weighted average sale price of $7.6875 per share, at prices ranging from $7.67 to $7.875 per share.
Reflects a weighted average purchase price of $7.6251 per share, at prices ranging from $7.5553 to $7.77 per share.
Reflects a weighted average sale price of $7.6082 per share, at prices ranging from $7.5553 to $7.75 per share
Reflects a weighted average purchase price of $7.6054 per share, at prices ranging from $7.5504 to $7.74 per share.
Reflects a weighted average sale price of $7.6054 per share, at prices ranging from $7.5504 to $7.74 per share
Reflects a weighted average purchase price of $7.6574 per share, at prices ranging from $7.6002 to $7.76 per share.
Reflects a weighted average sale price of $7.6557 per share, at prices ranging from $7.6002 to $7.76 per share
Reflects a weighted average purchase price of $7.6579 per share, at prices ranging from $7.6081 to $7.71 per share.
Reflects a weighted average sale price of $7.6611 per share, at prices ranging from $7.6081 to $7.71 per share.
Reflects a weighted average purchase price of $7.6924 per share, at prices ranging from $7.5954 to $7.76 per share.
Reflects a weighted average sale price of $7.6906 per share, at prices ranging from $7.5954 to $7.71 per share.
Reflects a weighted average purchase price of $7.5917 per share, at prices ranging from $7.5644 to $7.665 per share.
Reflects a weighted average sale price of $7.5908 per share, at prices ranging from $7.5644 to $7.665 per share.
Reflects a weighted average purchase price of $7.5509 per share, at prices ranging from $7.53 to $7.6356 per share.
Reflects a weighted average sale price of $7.5422 per share, at prices ranging from $7.53 to $7.64 per share.
Reflects a weighted average purchase price of $7.5793 per share, at prices ranging from $7.5714 to $7.68 per share.
Reflects a weighted average sale price of $7.6005 per share, at prices ranging from $7.5714 to $7.68 per share.
Reflects a weighted average purchase price of $7.6491 per share, at prices ranging from $7.645 to $7.677 per share.
Reflects a weighted average sale price of $7.4819 per share, at prices ranging from $7.47 to $7.677 per share.
Reflects a weighted average purchase price of $7.5759 per share, at prices ranging from $7.27 to $7.5912 per share.
Reflects a weighted average sale price of $7.4882 per share, at prices ranging from $7.27 to $7.5912 per share.
Reflects a weighted average purchase price of $7.5309 per share, at prices ranging from $7.3736 to $7.70 per share.
Reflects a weighted average sale price of $7.4996 per share, at prices ranging from $7.3736 to $7.53 per share.
Reflects a weighted average purchase price of $7.4803 per share, at prices ranging from $7.4568 to $7.59 per share.
Reflects a weighted average sale price of $7.4803 per share, at prices ranging from $7.4568 to $7.59 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.