0000947871-24-000054.txt : 20240117
0000947871-24-000054.hdr.sgml : 20240117
20240117172807
ACCESSION NUMBER: 0000947871-24-000054
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240113
FILED AS OF DATE: 20240117
DATE AS OF CHANGE: 20240117
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Weingart Jack
CENTRAL INDEX KEY: 0001903736
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41222
FILM NUMBER: 24539424
MAIL ADDRESS:
STREET 1: 301 COMMERCE STREET
STREET 2: SUITE 3300
CITY: FORT WORTH
STATE: TX
ZIP: 76102
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
2024-01-13
0
0001880661
TPG Inc.
TPG
0001903736
Weingart Jack
301 COMMERCE STREET, SUITE 3300
FORT WORTH
TX
76102
1
1
0
0
Chief Financial Officer
0
Class A Common Stock
2024-01-13
4
F
0
34335
39.52
D
258602
D
Class A Common Stock
2024-01-13
4
A
0
91317
A
349919
D
Class A Common Stock
775982
I
By Family Trust
TPG Partners Holdings, L.P. Units
2024-01-15
4
A
0
20820
0
A
Class A Common Stock
20820
4329285
I
By Family Trusts
On January 13, 2024, TPG Inc. (the "Issuer") withheld 34,335 shares of Class A common stock ("Class A common stock") of the Issuer from the Reporting Person for payment of the tax liability incident to the vesting of restricted stock units ("RSUs") previously granted by the Issuer.
Represents RSUs. Each RSU represents a contingent right to receive one share of Class A common stock. 29,112 of the RSUs will vest in three equal installments on each of the first, second and third anniversaries of the date of grant. 62,205 of the RSUs will vest in four equal installments on each of the first, second, third and fourth anniversaries of the date of grant.
On January 15, 2024, 20,820 additional units ("TPH Units") of TPG Partner Holdings, L.P. ("Partner Holdings") were allocated automatically to the Reporting Person in accordance with Partner Holdings' limited partnership agreement upon their forfeiture by a former partner of Partner Holdings.
Pursuant to the Amended and Restated Exchange Agreement filed by the Issuer with the Securities and Exchange Commission (the "Commission") on November 2, 2023, TPH Units are ultimately exchangeable for cash or, at the Issuer's election, shares of Class A common stock on a one-for-one basis, subject to customary conversion rate adjustments and transfer restrictions (the "exchange consideration"). Upon an exchange of TPH Units, an equal number of Common Units of TPG Operating Group II, L.P. held by TPG Group Holdings (SBS), L.P. ("Group Holdings"), of which Partner Holdings is an indirect limited partner, are exchanged on a one-for-one basis for the exchange consideration, and an equal number of shares of Class B common stock of the Issuer also held by Group Holdings will be automatically cancelled for no additional consideration. Each share of Class B common stock entitles the holder to ten votes per share but carries no economic rights.
Because of the relationship between the Reporting Person and the entities holding these securities, the Reporting Person may be deemed to beneficially own these securities to the extent of the greater of the Reporting Person's direct or indirect pecuniary interest in the profits, capital accounts or distributions of the holder. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of the Reporting Person's pecuniary interest therein, if any.
Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities in excess of the Reporting Person's pecuniary interest.
7. Bradford Berenson is signing on behalf of Mr. Weingart pursuant to the power of attorney dated December 29, 2021, which was previously filed with the Commission.
(7) /s/ Bradford Berenson, as attorney-in-fact
2024-01-17