Asher Bearman - May 25, 2021 Form 4 Insider Report for TRUPANION, INC. (TRUP)

Role
EVP, Business Development
Signature
/s/ Charlotte Sim-Warner as attorney-in-fact for Asher Bearman
Stock symbol
TRUP
Transactions as of
May 25, 2021
Transactions value $
-$229,544
Form type
4
Date filed
5/27/2021, 06:46 PM
Next filing
Feb 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRUP Common Stock Options Exercise +1.22K +1.79% 69.4K May 25, 2021 Direct F1
transaction TRUP Common Stock Tax liability -$51.1K -613 -0.88% $83.41 68.8K May 25, 2021 Direct F2
transaction TRUP Common Stock Options Exercise +2.08K +3.02% 70.9K May 25, 2021 Direct F1
transaction TRUP Common Stock Tax liability -$87.2K -1.05K -1.48% $83.41 69.8K May 25, 2021 Direct F2
transaction TRUP Common Stock Options Exercise +2.17K +3.11% 72K May 25, 2021 Direct F1
transaction TRUP Common Stock Tax liability -$91.2K -1.09K -1.52% $83.41 70.9K May 25, 2021 Direct 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 Restricted Stock Unit (RSU) Options Exercise $0 -1.22K -24.99% $0.00 3.66K May 25, 2021 Common Stock 1.22K Direct F1, F3
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -2.08K -12.5% $0.00 14.6K May 25, 2021 Common Stock 2.08K Direct F1, F4
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -2.17K -8.33% $0.00 23.9K May 25, 2021 Common Stock 2.17K Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 This Form 4 discloses the shares of common stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the vesting of the restricted stock units, and does not represent a sale by the reporting person.
F3 The RSU vests and will convert to common stock of the Issuer as to 1/4th of the total shares on February 25, 2019, after which 1/16th of the total shares vest quarterly, subject to continued service through each vesting date.
F4 The RSU vests and will convert to common stock of the Issuer as to 1/4th of the total shares on February 25, 2020, after which 1/16th of the total shares vest quarterly, subject to continued service through each vesting date.
F5 The RSU vests and will convert to common stock of the Issuer as to 1/4th of the total shares on February 25, 2021, after which 1/16th of the total shares vest quarterly, subject to continued service through each vesting date.