Andrew D. Wolff - 12 Nov 2021 Form 4 Insider Report for TRUPANION, INC. (TRUP)

Role
Chief Financial Officer
Signature
/s/ Lauren Welsh as attorney-in-fact for Andrew D. Wolff
Issuer symbol
TRUP
Transactions as of
12 Nov 2021
Net transactions value
-$4,420
Form type
4
Filing time
16 Nov 2021, 19:54:58 UTC
Previous filing
08 Oct 2021
Next filing
24 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRUP Common Stock Options Exercise $0 +145 +109% $0.000000 278 12 Nov 2021 Direct
transaction TRUP Common Stock Tax liability $4,420 -34 -12% $129.99 244 12 Nov 2021 Direct F1

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) Award $0 +145 +2.1% $0.000000 7,189 12 Nov 2021 Common Stock 145 Direct F2, F3
transaction TRUP Restricted Stock Unit (RSU) Award $0 +7,044 +98% $0.000000 14,233 12 Nov 2021 Common Stock 7,044 Direct F2, F4
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -145 -1% $0.000000 14,088 12 Nov 2021 Common Stock 145 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 The RSU was fully vested on date of grant.
F4 On November 12, 2021, the Reporting Person was granted 7,044 restricted stock units (RSUs). The RSUs vest and will convert to common stock of the Issuer as to 1/4th of the total shares on November 12, 2022, after which 1/16th of the total shares vest quarterly, subject to continued service through each vest date.