Home > Insider Trading > Filing (0001209191-16-089787)

Filing Details

Accession Number:: 0001209191-16-089787
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-01-06 16:11:00
Reporting Period:: 2016-01-04

Filing Date:: 2016-01-06
Accepted Time:: 2016-01-06 16:11:00
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
1498811	Gene Michael Barnes	C/O Tricadia Holdings, L.p. 780 Third Avenue 29Th Floor New York NY 10017	Executive Chairman	Yes	Yes	Yes	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	2016-01-04	619	$5.97	3,307,889	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-01-04	454	$6.10	3,308,343	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-01-04	272	$6.31	3,308,615	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-01-04	188	$6.17	3,308,803	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-01-04	186	$5.67	3,308,989	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-01-04	172	$6.01	3,309,161	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-01-04	63	$5.85	3,309,224	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-01-04	51	$5.89	3,309,275	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-01-04	46	$6.20	3,309,321	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-01-04	45	$5.98	3,309,366	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-01-04	37	$5.72	3,309,403	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-01-04	33	$6.07	3,309,436	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-01-04	33	$5.96	3,309,469	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-01-04	30	$5.77	3,309,499	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-01-04	27	$5.76	3,309,526	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-01-04	25	$5.93	3,309,551	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-01-04	24	$6.02	3,309,575	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-01-04	24	$6.08	3,309,599	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-01-04	23	$5.96	3,309,622	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-01-04	23	$5.71	3,309,645	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-01-04	21	$6.09	3,309,666	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-01-04	20	$5.78	3,309,686	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-01-04	18	$5.70	3,309,704	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-01-04	18	$5.75	3,309,722	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-01-04	14	$5.66	3,309,736	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-01-04	14	$5.95	3,309,750	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-01-04	13	$5.84	3,309,763	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-01-04	7	$6.27	3,309,770	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-01-04	45,679	$0.00	45,679	No	4	A	Indirect	By: Tricadia Holdings, L.P.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	A	Indirect	By: Tricadia Holdings, L.P.

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Employee Stock Option	Acquisiton	2016-01-04	91,359	$0.00	91,359	$5.67

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
91,359			No	4	A	Indirect

Footnotes

Purchases pursuant to a Rule 10b5-1 trading plan.
The reporting person is a principal of Tricadia Holdings, L.P. ("Tricadia"). The number of shares reflects a total which is greater than the Reporting Person's pecuniary interest. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest.
On January 4, 2016, in consideration of Michael Barnes' services to the Registrant, Tricadia was granted stock options to purchase 91,359 shares of common stock of the Registrant subject to the terms of a Stock Option Agreement among the Registrant, Michael Barnes and Tricadia (the "Stock Option").
Exercise of the Stock Option is subject to both (1) a time-based vesting requirement with one-third vesting each of January 4, 2019, 2020 and 2021 and (2) a performance-based vesting requirement that, at any time during the option term, achievement of a 20-day volume weighted average stock price of Registrant's Class A Common Stock, that exceeds the book value per share as of December 31, 2015.
The Stock Option will expire on the earlier of (1) January 4, 2026 and (2) the date of the termination of Michael Barnes's service with the Registrant for Cause (as defined in the Stock Option Agreement) or Michael Barnes's voluntary termination of service with the Registrant.