TIPTREE INC. — Director's Dealing 2016

Feb 16, 2016

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: TIPTREE FINANCIAL INC. (TIPT)
CIK: 0001393726
Period of Report: 2015-12-31

Reporting Person: NOMURA SECURITIES CO LTD (10% Owner)
Reporting Person: NOMURA HOLDINGS INC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-11-03	Class A Common Stock	J	2595903	—	Acquired	3730665	Direct
2015-10-30	Class A Common Stock	S	3700	$6.8200	Disposed	3726965	Direct
2015-11-02	Class A Common Stock	S	10314	$6.9694	Disposed	3716651	Direct
2015-11-03	Class A Common Stock	S	6727	$6.8754	Disposed	3709924	Direct
2015-11-30	Class A Common Stock	S	8230	$6.8773	Disposed	3701694	Direct
2015-12-01	Class A Common Stock	S	5908	$6.9552	Disposed	3695786	Direct
2015-12-02	Class A Common Stock	S	3529	$6.9034	Disposed	3692257	Direct
2015-12-03	Class A Common Stock	S	4401	$6.5994	Disposed	3687856	Direct
2015-12-04	Class A Common Stock	S	3805	$6.5625	Disposed	3684051	Direct
2015-12-07	Class A Common Stock	S	4400	$6.5514	Disposed	3679651	Direct
2015-12-08	Class A Common Stock	S	4700	$6.5000	Disposed	3674951	Direct
2015-12-14	Class A Common Stock	S	555	$6.5072	Disposed	3674396	Direct
2015-12-15	Class A Common Stock	S	2954	$6.5078	Disposed	3671442	Direct
2015-12-16	Class A Common Stock	S	6625	$6.6710	Disposed	3664817	Direct
2015-12-17	Class A Common Stock	S	9351	$6.6182	Disposed	3655466	Direct
2015-12-18	Class A Common Stock	S	7748	$6.5732	Disposed	3647718	Direct
2015-12-21	Class A Common Stock	S	5814	$6.6038	Disposed	3641904	Direct
2015-12-22	Class A Common Stock	S	6051	$6.5497	Disposed	3635853	Direct
2015-12-23	Class A Common Stock	S	786	$6.5025	Disposed	3635067	Direct
2015-12-24	Class A Common Stock	S	3600	$6.5464	Disposed	3631467	Direct
2015-12-28	Class A Common Stock	S	4771	$6.5160	Disposed	3626696	Direct
2015-12-29	Class A Common Stock	S	2053	$6.5512	Disposed	3624643	Direct
2015-12-30	Class A Common Stock	S	1926	$6.5043	Disposed	3622717	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	1134762	Direct

Footnotes

F1: These shares of Class A Common Stock are owned directly by Nomura Securities Co., Ltd. ("NSC"), which is a wholly owned subsidiary of Nomura Holdings, Inc. ("NHI"), and accordingly NHI may be deemed to beneficially own the shares of Class A Common Stock held by NSC.

F2: NSC received shares of Class A Common Stock of the Issuer upon conversion of partnership units of Tiptree Financial Partners, L.P. at a conversion price of $5.3616.