4//SEC Filing
Berenson Bradford 4
Accession 0000947871-24-000214
CIK 0001880661other
Filed
Feb 28, 7:00 PM ET
Accepted
Feb 29, 6:15 PM ET
Size
9.9 KB
Accession
0000947871-24-000214
Insider Transaction Report
Form 4
TPG Inc.TPG
Berenson Bradford
General Counsel
Transactions
- Exercise/Conversion
Class A Common Stock
2024-02-27+90,895→ 287,147 total - Sale
Class A Common Stock
2024-02-29$41.64/sh−90,895$3,784,868→ 196,252 total - Exercise/Conversion
TPG Partners Holdings, L.P. Units
2024-02-27−90,895→ 1,434,518 total→ Class A Common Stock (90,895 underlying)
Footnotes (2)
- [F1]On February 27, 2024, pursuant to the Amended and Restated Exchange Agreement filed by TPG Inc. (the "Issuer") with the Securities and Exchange Commission (the "Commission") on November 2, 2023, the Reporting Person exchanged 90,895 units ("TPH Units") of TPG Partner Holdings, L.P. ("Partner Holdings") for an equal number of shares of Class A common stock ("Class A common stock") of the Issuer.
- [F2]Pursuant to the Amended and Restated Exchange Agreement filed by the Issuer with the Commission on November 2, 2023, TPH Units are ultimately exchangeable for cash or, at the Issuer's election, shares of Class A common stock on a one-for-one basis, subject to customary conversion rate adjustments and transfer restrictions (the "exchange consideration"). Upon an exchange of TPH Units, an equal number of Common Units of TPG Operating Group II, L.P. held by TPG Group Holdings (SBS), L.P. ("Group Holdings"), of which Partner Holdings is an indirect limited partner, are exchanged on a one-for-one basis for the exchange consideration, and an equal number of shares of Class B common stock of the Issuer also held by Group Holdings will be automatically cancelled for no additional consideration. Each share of Class B common stock entitles the holder to ten votes per share but carries no economic rights.
Documents
Issuer
TPG Inc.
CIK 0001880661
Entity typeother
Related Parties
1- filerCIK 0001903743
Filing Metadata
- Form type
- 4
- Filed
- Feb 28, 7:00 PM ET
- Accepted
- Feb 29, 6:15 PM ET
- Size
- 9.9 KB