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Filing Details

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

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2016-03-10	4,568	$0.00	50,247	No	4	A	Indirect	By: Tricadia Holdings, L.P.
Class A Common Stock	Acquisiton	2016-03-11	619	$5.93	3,421,492	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-03-11	607	$5.96	3,422,099	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-03-11	416	$5.95	3,422,515	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-03-11	243	$5.92	3,422,758	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-03-11	110	$5.99	3,422,868	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-03-11	77	$5.91	3,422,945	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-03-11	35	$5.87	3,422,980	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-03-11	31	$5.94	3,423,011	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-03-11	27	$5.90	3,423,038	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-03-11	25	$5.84	3,423,063	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-03-14	2,000	$5.91	3,425,063	No	4	P	Direct
Class A Common Stock	Acquisiton	2016-03-14	500	$5.90	3,425,563	No	4	P	Direct

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

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Employee Stock Option	Acquisiton	2016-03-10	9,136	$0.00	9,136	$5.87

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
100,495			No	4	A	Indirect

Footnotes

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.
Purchases pursuant to a Rule 10b5-1 trading plan.
On March 10, 2016, in consideration of Michael Barnes' services to the Registrant, Tricadia was granted stock options to purchase 9,136 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 March 10, 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) March 10, 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.