0000947871-24-000819.txt : 20241024 0000947871-24-000819.hdr.sgml : 20241024 20241024182319 ACCESSION NUMBER: 0000947871-24-000819 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20241022 FILED AS OF DATE: 20241024 DATE AS OF CHANGE: 20241024 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Vazquez-Ubarri Anilu CENTRAL INDEX KEY: 0001829068 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-41222 FILM NUMBER: 241393735 MAIL ADDRESS: STREET 1: C/O UPWORK INC. STREET 2: 655 MONTGOMERY ST., STE. 490, DEPT 17022 CITY: SAN FRANCISCO STATE: CA ZIP: 94111-2676 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TPG Inc. CENTRAL INDEX KEY: 0001880661 STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282] ORGANIZATION NAME: 02 Finance IRS NUMBER: 872063362 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 301 COMMERCE STREET STREET 2: SUITE 3300 CITY: FORT WORTH STATE: TX ZIP: 76102 BUSINESS PHONE: 817-871-4000 MAIL ADDRESS: STREET 1: 301 COMMERCE STREET STREET 2: SUITE 3300 CITY: FORT WORTH STATE: TX ZIP: 76102 FORMER COMPANY: FORMER CONFORMED NAME: TPG Partners, LLC DATE OF NAME CHANGE: 20210827 4 1 ownership.xml X0508 4 2024-10-22 0 0001880661 TPG Inc. TPG 0001829068 Vazquez-Ubarri Anilu 301 COMMERCE STREET, SUITE 3300 FORT WORTH TX 76102 1 1 0 0 Chief Operating Officer 0 Class A Common Stock 2024-10-22 4 M 0 84746 A 492464 D Class A Common Stock 2024-10-23 4 F 0 10783 66.68 D 481681 D Performance Stock Units 2024-10-22 4 M 0 84746 0 D Class A Common Stock 84746 0 D Represents performance stock units ("PSUs") granted to the Reporting Person on January 13, 2022, at the time of the initial public offering of TPG Inc. (the "Issuer"). Each PSU represents a contingent right to receive one share of Class A common stock ("Class A common stock") of the Issuer when both the service and performance conditions are satisfied. 25% of the PSUs service-vested on January 13, 2024, and 25% of the PSUs will service-vest on each of January 13, 2025, 2026 and 2027. 50% of the PSUs performance-vest on each of the first day following the date on which the 30-day volume weighted average trading price of a share of Class A common stock equals or exceeds $44.25 (the "1.5x measure") and (y) $59.00 (the "2.0x measure"). On October 22, 2024, 84,746 PSUs performance vested upon the achievement of the 2.0x measure. On October 23, 2024, the Issuer withheld 10,783 shares of Class A common stock from the Reporting Person for payment of the tax liability incident to the settlement of vested PSUs previously granted by the Issuer. 3. Bradford Berenson is signing on behalf of Ms. Vazquez-Ubarri pursuant to the power of attorney dated December 30, 2021, which was previously filed with the Commission. /s/ Bradford Berenson, as attorney-in-fact (3) 2024-10-24