TIPTREE INC. — Director's Dealing 2014

Nov 5, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TIPTREE FINANCIAL INC. (TIPT)
CIK: 0001393726
Period of Report: 2014-09-02

Reporting Person: Tiptree Financial Partners, L.P. (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-09-02	Class B Common Stock	J	235116	—	Disposed	19636823	Direct
2014-11-03	Class B Common Stock	J	9866456	—	Disposed	9770367	Direct

Footnotes

F1: In connection with the exchange of limited partnership units by limited partners of the reporting person for an aggregate of 235,116 shares of Class A common stock, the reporting person delivered to the issuer 235,116 shares of Class B common stock for cancellation.

F2: One share of Class B common stock is cancelled for each share of Class A common stock issued in exchange for limited partnership units of the reporting person.

F3: In connection with the exchange of limited partnership units by limited partners of the reporting person for an aggregate of 9,866,456 shares of Class A common stock, the reporting person delivered to the issuer 9,866,456 shares of Class B common stock for cancellation.