McKinney Scott T. bought TIPT
January 1, 2024 · Form 4 insider transaction
McKinney Scott T. bought 137,500 shares of Tiptree Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
Direction
Acquired (buy-side)
Shares
137,500
Price
$0.00
Total value
N/A
InsiderMcKinney Scott T.
RoleOfficer
CompanyTiptree Inc. (TIPT)
SecurityPerformance Restricted Stock Units 2024
Transaction codeA: Grant or award
Transaction dateJanuary 1, 2024
Filing dateJanuary 2, 2024
Shares owned after137,500
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Each performance restricted stock unit (PRSU) represents a contingent right to receive one share of Tiptree Inc. ("Tiptree") common stock. The PRSUs will vest upon Tiptree achieving a share price target milestone based on the average of the thirty (30) trading day closing stock price of $70 (adjusted for dividends paid) prior to the 10th anniversary of the grant date, subject to the Reporting Person's continued employment with Tiptree. Any unvested PRSUs shall expire on January 1, 2034.