Tricia Plouf - May 20, 2021 Form 4 Insider Report for TRUPANION, INC. (TRUP)

Signature
/s/ Charlotte Sim-Warner as attorney-in-fact for Tricia Plouf
Stock symbol
TRUP
Transactions as of
May 20, 2021
Transactions value $
-$91,971
Form type
4
Date filed
5/24/2021, 06:13 PM
Next filing
May 27, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRUP Common Stock Options Exercise $21.6K +1.5K +5.17% $14.40 30.5K May 20, 2021 Direct F1
transaction TRUP Common Stock Sale -$114K -1.5K -4.91% $75.71 29K May 20, 2021 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TRUP Stock Option (right to buy) Options Exercise $0 -1.5K -3.08% $0.00 47.2K May 20, 2021 Common Stock 1.5K $14.40 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by reporting person on May 27, 2020 and amended on November 30, 2020, in order to implement a plan of financial diversification. Accordingly, the reporting person had no discretion with regard to the timing of the transaction.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.16 to $76.07 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The option vested as to 25% of the total shares on May 6, 2017, and then 2.0833% of the total shares vest monthly thereafter, with 100% of the total shares vested and exercisable on May 6, 2020.