TIPTREE INC. — Director's Dealing 2016

Jan 6, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TIPTREE FINANCIAL INC. (TIPT)
CIK: 0001393726
Period of Report: 2016-01-01

Reporting Person: TFPLP Holdings III LLC (10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-01-01	Tiptree Financial Partners, L.P. partnership unit warrant	$7.54	J	14909	Acquired	2022-06-30	Class A Common Stock (41716)	Direct
2016-01-04	Tiptree Financial Partners, L.P. partnership unit warrant	$7.54	J	190	Acquired	2022-06-30	Class A Common Stock (532)	Direct

Footnotes

F1: TFPLP Holdings III LLC holds warrants to purchase partnership units (the "Partnership Units") of Tiptree Financial Partners, L.P. ("TFP"). Pursuant to the terms of the warrants, TFP's issuance of additional Partnership Units triggered the anti-dilutive mechanisms adjusting the amount and exercise price of the warrants.