TIPTREE INC. — Director's Dealing 2011

Aug 9, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Care Investment Trust Inc. (CVTR)
CIK: 0001393726
Period of Report: 2011-08-09

Reporting Person: Barnes Michael Gene (Director, Chairman of the Board, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-08-09	Common Stock	J	4859	$7.25	Acquired	14104	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	9277575	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Warrant	$11.33	2018-09-30	Common Stock (652500)	652500	Indirect

Footnotes

F1: These shares were issued by the Issuer to TREIT Management LLC as partial payment of an incentive fee due under the Services Agreement between Care Investment Trust Inc. and TREIT Management LLC, dated as of November 4, 2010.

F2: The reporting person is an officer of TREIT Management LLC and an equity owner of Tricadia Holdings, L.P., which is the parent of Tiptree Capital Management, LLC the parent of TREIT Management LLC. The reporting person is also a managing member of Tricadia Holdings GP, LLC, the general partner of Tricadia Holdings, L.P. The reporting person holds voting and investment power with respect to the shares held directly by TREIT Management LLC. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest.

F3: Reflects the Issuer's three for two stock split effected as of September 20, 2010

F4: The reporting person is an officer, director and partner of Tiptree Financial Partners, L.P. and an equity owner of Tricadia Holdings, L.P., which is the parent of Tiptree Capital Management, LLC, the manager of Tiptree Financial Partners, L.P. The reporting person is also a managing member of Tricadia GP Holdings, LLC, which is the managing member of Tricadia Capital, LLC, the General Partner of Tiptree Financial Partners, L.P. The reporting person is also a managing member of Tricadia Holdings GP, LLC, the general partner of Tricadia Holdings, L.P. The reporting person holds voting and investment power with respect to the shares held directly by Tiptree Financial Partners, L.P. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest.