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Filing Details

Accession Number:: 0001140361-16-070900
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-06-27 17:23:37
Reporting Period:: 2016-06-27

Filing Date:: 2016-06-27
Accepted Time:: 2016-06-27 17:23:37
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1393726	Tiptree Financial Inc.	TIPT	Fire, Marine & Casualty Insurance (6331)	DE

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
737049	New York Marine & General Insurance Co	412 Mt. Kemble Avenue Suite 300C Morristown NJ 07960	No	No	Yes	No
1497472	Prosight Specialty Insurance Group, Inc.	412 Mt. Kemble Avenue Suite 300C Morristown NJ 07960	No	No	Yes	No
1634038	Prosight Global, Inc.	412 Mt. Kemble Avenue Suite 300C Morristown NJ 07960	No	No	Yes	No
1634182	Gotham Insurance Co	412 Mt. Kemble Avenue Suite 300C Morristown NJ 07960	No	No	Yes	No
1634183	Southwest Marine & General Insurance Co	412 Mt. Kemble Avenue Suite 300C Morristown NJ 07960	No	No	Yes	No
1634407	Ltd Holdings Global Prosight	1 Clarendon House 2 Church Street Hamilton D0 HM11	No	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2016-06-23	3,242,882	$6.50	No	4	S	Indirect	By New York Marine & General Insurance Company
Class A Common Stock	Disposition	2016-06-23	1,411,591	$6.50	No	4	S	Indirect	By Gotham Insurance Company
Class A Common Stock	Disposition	2016-06-23	941,527	$6.50	No	4	S	Indirect	By Southwest Marine and General Insurance Company

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By New York Marine & General Insurance Company
No	4	S	Indirect	By Gotham Insurance Company
No	4	S	Indirect	By Southwest Marine and General Insurance Company

Footnotes

This statement is being filed jointly on behalf of ProSight Global Holdings Limited ("PGHC"), ProSight Global, Inc. ("PGI"), ProSight Specialty Insurance Group, Inc. ("PSIG"), New York Marine and General Insurance Company ("NY Marine"), Southwest Marine and General Insurance Company ("SW Marine"), and Gotham Insurance Company ("Gotham," together with PGHC, PGI, PSIG, NY Marine, and SW Marine, the "Reporting Persons"). SW Marine and Gotham are wholly owned subsidiaries of NY Marine. NY Marine is a wholly owned subsidiary of PSIG. PSIG is a wholly owned subsidiary of PGI. PGI is a wholly owned subsidiary of PGHC. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest, if any.
The 5,596,000 shares of class A common stock, par value $0.001 per share ("Common Stock") of TipTree Financial Inc. (the "Company") whose dispostion is being reported in this Form 4 were previously directly owned by NY Marine, SW Marine and Gotham (each a "Seller" and collectively, the "Sellers"). Pursuant to that certain Stock Purchase Agreement, dated as of June 23, 2016 (the "Purchase Agreement"), by and among the Company, Caroline Holdings LLC, a Delaware limited liability company (the "Buyer"), the Sellers, and PSIG, the Sellers sold to the Buyer and the Buyer purchased from the Sellers, 5,596,000 shares of Common Stock for an aggregate purchase price of $36,374,000. As a result of the foregoing, as of June 23, 2016, the reporting persons ceased to be the beneficial owners of more than 10% of the Common Stock and are therefore no longer subject to Section 16 of the Securities Exchange Act of 1934, as amended.