4//SEC Filing
Berenson Bradford 4
Accession 0000947871-24-000817
CIK 0001880661other
Filed
Oct 23, 8:00 PM ET
Accepted
Oct 24, 6:16 PM ET
Size
9.5 KB
Accession
0000947871-24-000817
Insider Transaction Report
Form 4
TPG Inc.TPG
Berenson Bradford
General Counsel
Transactions
- Exercise/Conversion
Class A Common Stock
2024-10-22+84,746→ 355,005 total - Exercise/Conversion
Performance
2024-10-22−84,746→ 0 total→ Class A Common Stock (84,746 underlying) - Tax Payment
Class A Common Stock
2024-10-23$66.68/sh−10,745$716,477→ 344,260 total
Footnotes (2)
- [F1]Represents performance stock units ("PSUs") granted to the Reporting Person on January 13, 2022, at the time of the initial public offering of TPG Inc. (the "Issuer"). Each PSU represents a contingent right to receive one share of Class A common stock ("Class A common stock") of the Issuer when both the service and performance conditions are satisfied. 25% of the PSUs service-vested on January 13, 2024, and 25% of the PSUs will service-vest on each of January 13, 2025, 2026 and 2027. 50% of the PSUs performance-vest on each of the first day following the date on which the 30-day volume weighted average trading price of a share of Class A common stock equals or exceeds $44.25 (the "1.5x measure") and (y) $59.00 (the "2.0x measure"). On October 22, 2024, 84,746 PSUs performance vested upon the achievement of the 2.0x measure.
- [F2]On October 23, 2024, the Issuer withheld 10,745 shares of Class A common stock from the Reporting Person for payment of the tax liability incident to the settlement of vested PSUs previously granted by the Issuer.
Documents
Issuer
TPG Inc.
CIK 0001880661
Entity typeother
Related Parties
1- filerCIK 0001903743
Filing Metadata
- Form type
- 4
- Filed
- Oct 23, 8:00 PM ET
- Accepted
- Oct 24, 6:16 PM ET
- Size
- 9.5 KB