0000769993-15-000528.txt : 20150415
0000769993-15-000528.hdr.sgml : 20150415
20150415175221
ACCESSION NUMBER: 0000769993-15-000528
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140917
FILED AS OF DATE: 20150415
DATE AS OF CHANGE: 20150415
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TIPTREE FINANCIAL INC.
CENTRAL INDEX KEY: 0001393726
STANDARD INDUSTRIAL CLASSIFICATION: INSURANCE AGENTS BROKERS & SERVICES [6411]
IRS NUMBER: 383754322
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 780 THIRD AVENUE
STREET 2: 21ST FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: 212-446-1410
MAIL ADDRESS:
STREET 1: 780 THIRD AVENUE
STREET 2: 21ST FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
FORMER COMPANY:
FORMER CONFORMED NAME: Care Investment Trust Inc.
DATE OF NAME CHANGE: 20070320
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: GOLDMAN SACHS & CO
CENTRAL INDEX KEY: 0000769993
STATE OF INCORPORATION: NY
FISCAL YEAR END: 1127
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33549
FILM NUMBER: 15772768
BUSINESS ADDRESS:
STREET 1: 200 WEST STREET
STREET 2: C/O GOLDMAN SACHS & CO
CITY: NEW YORK
STATE: NY
ZIP: 10282
BUSINESS PHONE: 2129021000
MAIL ADDRESS:
STREET 1: 200 WEST STREET
CITY: NEW YORK
STATE: NY
ZIP: 10282
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: GOLDMAN SACHS GROUP INC
CENTRAL INDEX KEY: 0000886982
STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211]
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33549
FILM NUMBER: 15772769
BUSINESS ADDRESS:
STREET 1: 200 WEST STREET
CITY: NEW YORK
STATE: NY
ZIP: 10282
BUSINESS PHONE: 2129021000
MAIL ADDRESS:
STREET 1: 200 WEST STREET
CITY: NEW YORK
STATE: NY
ZIP: 10282
FORMER NAME:
FORMER CONFORMED NAME: GOLDMAN SACHS GROUP INC/
DATE OF NAME CHANGE: 20010104
4
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2014-09-17-04:00
false
0001393726
TIPTREE FINANCIAL INC.
TIPT
0000886982
GOLDMAN SACHS GROUP INC
200 WEST STREET
NEW YORK
NY
10282
false
false
true
false
0000769993
GOLDMAN SACHS & CO
200 WEST STREET
NEW YORK
NY
10282
false
false
true
false
Class A Common Stock
2014-09-17-04:00
4
P
false
3419
7.6125
A
5630264
I
See footnotes
Class A Common Stock
2014-09-17-04:00
4
S
false
319
7.5659
D
5629945
I
See footnotes
Class A Common Stock
2014-09-18-04:00
4
P
false
4584
7.5229
A
5634529
I
See footnotes
Class A Common Stock
2014-09-18-04:00
4
S
false
2475
7.5136
D
5609419
I
See footnotes
Class A Common Stock
2014-09-19-04:00
4
P
false
6092
7.4504
A
5638146
I
See footnotes
Class A Common Stock
2014-09-19-04:00
4
S
false
30131
7.5662
D
5608015
I
See footnotes
Class A Common Stock
2014-09-22-04:00
4
P
false
713
7.4494
A
5608728
I
See footnotes
Class A Common Stock
2014-09-22-04:00
4
S
false
2631
7.3826
D
5606097
I
See footnotes
Class A Common Stock
2014-09-23-04:00
4
P
false
381
7.2715
A
5606478
I
See footnotes
Class A Common Stock
2014-09-23-04:00
4
S
false
381
7.2715
D
5606097
I
See footnotes
Class A Common Stock
2014-09-24-04:00
4
P
false
539
7.2928
A
5606636
I
See footnotes
Class A Common Stock
2014-09-24-04:00
4
S
false
3297
7.4333
D
5603339
I
See footnotes
Class A Common Stock
2014-09-25-04:00
4
P
false
1458
7.4855
A
5604797
I
See footnotes
Class A Common Stock
2014-09-25-04:00
4
S
false
2006
7.4822
D
5602791
I
See footnotes
Class A Common Stock
2014-09-26-04:00
4
P
false
632
7.413
A
5603423
I
See footnotes
Class A Common Stock
2014-09-26-04:00
4
S
false
1625
7.4137
D
5601798
I
See footnotes
Class A Common Stock
2014-09-29-04:00
4
P
false
1070
7.2209
A
5602868
I
See footnotes
Class A Common Stock
2014-09-29-04:00
4
S
false
1998
7.2117
D
5600870
I
See footnotes
Class A Common Stock
2014-09-30-04:00
4
P
false
10894
7.8494
A
5611764
I
See footnotes
Class A Common Stock
2014-09-30-04:00
4
P
false
60891
8.2574
A
5672655
I
See footnotes
Class A Common Stock
2014-09-30-04:00
4
S
false
611
7.2589
D
5672044
I
See footnotes
Class A Common Stock
2014-09-30-04:00
4
S
false
73801
8.2582
D
5598243
I
See footnotes
Class A Common Stock
2014-10-01-04:00
4
P
false
5968
7.6956
A
5604211
I
See footnotes
Class A Common Stock
2014-10-01-04:00
4
S
false
6560
7.7066
D
5597651
I
See footnotes
Class A Common Stock
2014-10-02-04:00
4
P
false
690
7.4796
A
5598341
I
See footnotes
Class A Common Stock
2014-10-02-04:00
4
S
false
690
7.4796
D
5597651
I
See footnotes
Class A Common Stock
2014-10-03-04:00
4
P
false
652
7.4785
A
5598303
I
See footnotes
Class A Common Stock
2014-10-03-04:00
4
S
false
654
7.4783
D
5597649
I
See footnotes
Class A Common Stock
2014-10-06-04:00
4
P
false
449
7.3576
A
5598098
I
See footnotes
Class A Common Stock
2014-10-06-04:00
4
S
false
449
7.3576
D
5609053
I
See footnotes
This statement is being filed by The Goldman Sachs Group, Inc. ("GS Group") and Goldman, Sachs & Co. ("Goldman Sachs" and together with GS Group, the "Reporting Persons"). Goldman Sachs is a wholly-owned subsidiary of GS Group. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein.
The shares of common stock, par value $0.001 per share (the "Common Stock") of Tiptree Financial, Inc. (the "Company") reported herein as purchased and sold were beneficially owned directly by Goldman Sachs, and indirectly by GS Group. Without admitting any legal obligation, Goldman Sachs or another wholly-owned subsidiary of GS Group will remit appropriate profits, if any, to the Company.
For purposes of Rule 13d-3(a) and Rule 16a-1(a) only (and not for any other applicable purpose), GS Group and Goldman Sachs may be deemed to beneficially own indirectly the 5,596,000 shares of Common Stock held by indirect subsidiaries of ProSight Global Holdings Ltd. ("ProSight Global") because (i) certain investment partnerships (the "Funds") own ProSight Investment LLC ("ProSight Investment") and ProSight Parallel Investment LLC ("ProSight Parallel Investment"), shareholders of ProSight Global, (ii) the general partners of the Funds are affiliates of GS Group and Goldman Sachs, (iii) Goldman Sachs is the investment manager of certain of the Funds and (iv) of the relationship between ProSight Equity Management Inc., the manager of ProSight Investment and ProSight Parallel Investment, and Goldman Sachs.
As of October 6, 2014, Goldman Sachs beneficially owned directly, and GS Group may have been deemed to have beneficially owned indirectly, 13,053 shares of Common Stock, and Goldman Sachs also had open short positions of 61,159 shares of Common Stock, reflecting changes due to exempt transactions.
Reflects a weighted average purchase price of $7.6125 per share, at prices ranging from $7.54 to $7.74 per share.
Reflects a weighted average sale price of $7.5659 per share, at prices ranging from $7.5519 to $7.6021 per share.
Reflects a weighted average purchase price of $7.5229 per share, at prices ranging from $7.41 to $7.63 per share.
Reflects a weighted average sale price of $7.5136 per share, at prices ranging from $7.49 to $7.6273 per share.
Reflects a weighted average purchase price of $7.4504 per share, at prices ranging from $7.36 to $7.63 per share.
Reflects a weighted average sale price of $7.5662 per share, at prices ranging from $7.36 to $7.6 per share.
Reflects a weighted average purchase price of $7.4494 per share, at prices ranging from $7.34 to $7.6797 per share.
Reflects a weighted average sale price of $7.3826 per share, at prices ranging from $7.34 to $7.6797 per share.
Reflects a weighted average purchase price of $7.2715 per share, at prices ranging from $7.19 to $7.4026 per share.
Reflects a weighted average sale price of $7.2715 per share, at prices ranging from $7.19 to $7.4026 per share.
Reflects a weighted average purchase price of $7.2928 per share, at prices ranging from $7.2077 to $7.49 per share.
Reflects a weighted average sale price of $7.4333 per share, at prices ranging from $7.2077 to $7.5 per share.
Reflects a weighted average purchase price of $7.4855 per share, at prices ranging from $7.47 to $7.5107 per share.
Reflects a weighted average sale price of $7.4822 per share, at prices ranging from $7.47 to $7.5107 per share.
Reflects a weighted average purchase price of $7.413 per share, at prices ranging from $7.4062 to $7.5235 per share.
Reflects a weighted average sale price of $7.4137 per share, at prices ranging from $7.21 to $7.5235 per share.
Reflects a weighted average purchase price of $7.2209 per share, at prices ranging from $7.2 to $7.2375 per share.
Reflects a weighted average sale price of $7.2117 per share, at prices ranging from $7.19 to $7.26 per share.
Reflects a weighted average purchase price of $7.8494 per share, at prices ranging from $7.2 to $8.19 per share.
Reflects a weighted average purchase price of $8.2574 per share, at prices ranging from $8.21 to $8.2645 per share.
Reflects a weighted average sale price of $7.2589 per share, at prices ranging from $7.2356 to $7.364 per share.
Reflects a weighted average sale price of $8.2582 per share, at prices ranging from $8.2555 to $8.26 per share.
Reflects a weighted average purchase price of $7.6956 per share, at prices ranging from $7.67 to $7.9133 per share.
Reflects a weighted average sale price of $7.7066 per share, at prices ranging from $7.65 to $7.9133 per share.
Reflects a weighted average purchase price of $7.4796 per share, at prices ranging from $7.4526 to $7.61 per share.
Reflects a weighted average sale price of $7.4796 per share, at prices ranging from $7.4526 to $7.61 per share.
Reflects a weighted average purchase price of $7.4785 per share, at prices ranging from $7.45 to $7.6 per share.
Reflects a weighted average sale price of $7.4783 per share, at prices ranging from $7.42 to $7.6 per share.
Reflects a weighted average purchase price of $7.3576 per share, at prices ranging from $7.3555 to $7.45 per share.
Reflects a weighted average sale price of $7.3576 per share, at prices ranging from $7.3555 to $7.45 per share.
Upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price will be provided
/s/ Yvette Kosic, Attorney-in-fact
2015-04-15-04:00
/s/ Yvette Kosic, Attorney-in-fact
2015-04-15-04:00