$ Value
$27K
Shares
4,649
Price
$6
Filed
Sep 12
Insider
Name
Barnes Michael Gene
Title
Executive Chairman
CIK
0001498811
Roles
Transaction Details
Transaction Date
2025-09-12
Code
M
Table
Derivative
Ownership
Direct
Equity Swap
No
Shares After
—
Footnotes
The transactions reported above in Table I reflect the cashless exercise of stock options. The cashless exercise for the options is reported in two lines. The lines coded M in column 3 of Table I report in column 4 the number of shares issuable upon exercise of the options had cash been paid to exercise the options, together with the exercise price with Code A for acquired. The lines coded F in column 3 of Table I relates to the same cashless exercise on the preceding line and reports in Column 4 the number of shares deducted from the total number of shares issuable to pay for the cashless exercise of such options with Code D for disposed. | Reflects 10,343 shares withheld by the Issuer at the market price of $25.49 per share less an exercise price of $5.67 per share to fund the cashless exercise of 46,494 options. | Represents the closing stock price as of the transaction date. | Reflects 1,071 shares withheld by the Issuer at the market price of $25.49 per share less an exercise price of $5.87 per share to fund the cashless exercise of 4,649 options. | Reflects 29,224 shares withheld by the Issuer at the market price of $25.49 per share less an exercise price of $6.65 per share to fund the cashless exercise of 112,015 options. | On January 4, 2016, the Reporting Person was granted non-qualified stock options to purchase 46,494 shares of common stock of the Registrant at $5.67 per share, subject to the terms of a Stock Option Agreement. | The option shares are fully vested and exercisable as of January 4, 2021. | On March 10, 2016, the Reporting Person was granted non-qualified stock options to purchase 4,649 shares of common stock of the Registrant at $5.87 per share, subject to the terms of a Stock Option Agreement. | The option shares are fully vested and exercisable as of March 10, 2021. | On February 22, 2017, the Reporting Person was granted non-qualified stock options to purchase 112,015 shares of common stock of the Registrant at $6.65 per share, subject to the terms of a Stock Option Agreement. | The option shares are fully vested and exercisable as of February 22, 2022.
Filing Info
Barnes Michael Gene's History
| Date | Ticker | Type | Value |
|---|---|---|---|
| 2025-09-12 | TIPT | M | $264K |
| 2025-09-12 | TIPT | F | $264K |
| 2025-09-12 | TIPT | M | $27K |
| 2025-09-12 | TIPT | F | $27K |
| 2025-09-12 | TIPT | M | $745K |
| 2025-09-12 | TIPT | F | $745K |
| 2025-09-12 | TIPT | M | $264K |
| 2025-09-12 | TIPT | M | $27K |
| 2025-09-12 | TIPT | M | $745K |
Other Insiders at TIPT (90d)
| Insider | Bought | Sold | Last |
|---|---|---|---|
| Goldwasser Lesley | — | — | 2026-04-02 |
| Smith Bradley E. | — | — | 2026-04-02 |