Company: TIPT
Filing Date: 2025-03-17
Form Type: DEF 14A
Source: 0001393726-25-000038
Chunk: 43

Company: TIPTREE INC.
Filing Date: 2025-03-17
Form: DEF 14A
Chunk 43
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  $71,618 |     |              |     | $1,750,107 |     |            |
| 2022                              |     |      |     |   $450,000 |     |            |     | — |     |           |     | $351,228 |     |            |     | — |     |                      |     |   $720,000 |     |                                           |     |   $7,644 |     |              |     | $1,528,872 |     |            |

(1) Amounts in this column represent the aggregate grant date fair value of PRSUs, RSUs, computed in accordance with FASB ASC Topic 718. RSUs are valued using the closing price of our common stock on the grant date. The fair value of the PRSUs was estimated on the date of grant using a Black-Scholes-Merton option pricing formula embedded within a Monte Carlo model used to simulate the future stock prices of Tiptree, which assumes that the market requirement is achieved. For more detail, including the underlying valuation assumptions for PRSUs and stock option awards, please see Note 19, Stock Based Compensation, to our consolidated financial statements in our 2024 Annual Report on Form 10-K. Pursuant to SEC rules, the amounts shown exclude the impact of estimated forfeitures related to service-based vesting conditions.

(2) Represents the dollar value of cash incentive awards earned in the performance year but paid in the first quarter of the following year.

(3) For Mr. Maultsby for 2024, 2023 and 2022, Mr. McKinney for 2024 and 2023 and Mr. Rifkind for 2022, this represents premiums paid by the Company to our group health insurance provider under a medical expenses reimbursement plan (the “MERP”). Mr. Barnes’s $81,324 of other compensation in 2024 consists of $10,724 attributable to the MERP, $37,884 attributable to travel reimbursements and $32,716 of reimbursement for taxes associated with such reimbursements. Mr. Barnes’s $61,998 of other compensation in 2023 consists of $9,326 attributable to the MERP, $28,264 attributable to travel reimbursements and $24,408 of reimbursement for taxes associated with such reimbursements. Mr. Barnes’s $63,183 of other compensation in 2022 consists of $7,644 attributable to the MERP, $28