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TIPTREE INC. — Director's Dealing 2010
Aug 16, 2010
32340_dirs_2010-08-16_83ff262f-8405-48b3-8cb2-e3a7eaa89433.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Care Investment Trust Inc. (CRE)
CIK: 0001393726
Period of Report: 2010-08-13
Reporting Person: CIT GROUP INC (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-08-13 | Common Stock | U | 6981350 | $9 | Disposed | 0 | Indirect |
| 2010-08-13 | Common Stock | U | 607690 | $9 | Disposed | 0 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-08-13 | Common Stock Warrant | $17.00 | S | 435000 | Disposed | 2018-09-30 | Common Stock (435000) | Indirect |
Footnotes
F1: CIT Healthcare LLC sold its warrants to purchase 435,000 shares of common stock to Tiptree Financial Partners, L.P. ("Tiptree") for $100,000 pursuant to a warrant purchase agreement entered into on March 16, 2010, in conjunction with Tiptree's acquisition of a controlling interest in Care Investment Trust Inc.
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