Gavin Friedman - 25 Aug 2021 Form 4 Insider Report for TRUPANION, INC. (TRUP)

Signature
/s/ Lauren Welsh as attorney-in-fact for Gavin Friedman
Issuer symbol
TRUP
Transactions as of
25 Aug 2021
Net transactions value
-$2,842,634
Form type
4
Filing time
05 Jan 2022, 20:26:50 UTC
Previous filing
04 Aug 2021
Next filing
03 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRUP Common Stock Options Exercise +313 +666% 360 25 Aug 2021 Direct F1
transaction TRUP Common Stock Tax liability $11,541 -123 -34% $93.83 237 25 Aug 2021 Direct F2
transaction TRUP Common Stock Options Exercise +684 +289% 921 25 Aug 2021 Direct F1
transaction TRUP Common Stock Tax liability $25,240 -269 -29% $93.83 652 25 Aug 2021 Direct F2
transaction TRUP Common Stock Options Exercise +23 +3.5% 675 25 Aug 2021 Direct F1
transaction TRUP Common Stock Tax liability $844 -9 -1.3% $93.83 666 25 Aug 2021 Direct F2
transaction TRUP Common Stock Options Exercise +2,746 +412% 3,412 25 Aug 2021 Direct F1
transaction TRUP Common Stock Tax liability $101,336 -1,080 -32% $93.83 2,332 25 Aug 2021 Direct F2
transaction TRUP Common Stock Options Exercise $0 +312 +13% $0.000000 2,644 25 Nov 2021 Direct F1
transaction TRUP Common Stock Tax liability $15,402 -123 -4.7% $125.22 2,521 25 Nov 2021 Direct F2
transaction TRUP Common Stock Options Exercise $0 +684 +27% $0.000000 3,205 25 Nov 2021 Direct F1
transaction TRUP Common Stock Tax liability $33,684 -269 -8.4% $125.22 2,936 25 Nov 2021 Direct F2
transaction TRUP Common Stock Options Exercise $0 +23 +0.78% $0.000000 2,959 25 Nov 2021 Direct F1
transaction TRUP Common Stock Tax liability $1,252 -10 -0.34% $125.22 2,949 25 Nov 2021 Direct F2
transaction TRUP Common Stock Options Exercise $0 +2,747 +93% $0.000000 5,696 25 Nov 2021 Direct F1
transaction TRUP Common Stock Tax liability $135,032 -1,080 -19% $125.03 4,616 25 Nov 2021 Direct F2
transaction TRUP Common Stock Options Exercise $163,200 +10,000 +217% $16.32 14,616 03 Jan 2022 Direct F3
transaction TRUP Common Stock Options Exercise $161,730 +9,000 +62% $17.97 23,616 03 Jan 2022 Direct F3
transaction TRUP Common Stock Sale $397,929 -3,151 -13% $126.29 20,465 03 Jan 2022 Direct F3, F4
transaction TRUP Common Stock Sale $420,151 -3,300 -16% $127.32 17,165 03 Jan 2022 Direct F3, F5
transaction TRUP Common Stock Sale $362,070 -2,816 -16% $128.58 14,349 03 Jan 2022 Direct F3, F6
transaction TRUP Common Stock Sale $959,517 -7,417 -52% $129.37 6,932 03 Jan 2022 Direct F3, F7
transaction TRUP Common Stock Sale $71,735 -550 -7.9% $130.43 6,382 03 Jan 2022 Direct F3, F8
transaction TRUP Common Stock Sale $203,714 -1,550 -24% $131.43 4,832 03 Jan 2022 Direct F3, F9
transaction TRUP Common Stock Sale $238,804 -1,800 -37% $132.67 3,032 03 Jan 2022 Direct F3, F10
transaction TRUP Common Stock Sale $143,732 -1,077 -36% $133.46 1,955 03 Jan 2022 Direct F3, F11
transaction TRUP Common Stock Sale $45,578 -339 -17% $134.45 1,616 03 Jan 2022 Direct F3, F12

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 -313 -33% $0.000000 625 25 Aug 2021 Common Stock 313 Direct F1, F13
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -684 -14% $0.000000 4,104 25 Aug 2021 Common Stock 684 Direct F1, F14
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -23 -10% $0.000000 205 25 Aug 2021 Common Stock 23 Direct F1, F15
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -2,746 -9.1% $0.000000 27,464 25 Aug 2021 Common Stock 2,746 Direct F1, F16
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -312 -50% $0.000000 313 25 Nov 2021 Common Stock 312 Direct F1, F13
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -684 -17% $0.000000 3,420 25 Nov 2021 Common Stock 684 Direct F1, F14
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -23 -11% $0.000000 182 25 Nov 2021 Common Stock 23 Direct F1, F15
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -2,747 -10% $0.000000 24,717 25 Nov 2021 Common Stock 2,747 Direct F1, F16
transaction TRUP Stock Option (right to buy) Options Exercise $0 -10,000 -100% $0.000000* 0 03 Jan 2022 Common Stock 10,000 $16.32 Direct F3, F17
transaction TRUP Stock Option (right to buy) Options Exercise $0 -9,000 -100% $0.000000* 0 03 Jan 2022 Common Stock 9,000 $17.97 Direct F3, F17
* 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 exercise and sale reported were effected pursuant to a Rule 10b5-1 trading plan adopted by reporting person on November 30, 2021, in order to implement a plan of financial diversification. Accordingly, the reporting person had no discretion with regard to the timing of the transaction.
F4 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $125.83 to $126.77 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.
F5 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.88 to $127.85 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.
F6 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.90 to $128.89 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.
F7 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $128.915 to $129.745 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.
F8 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $130.01 to $130.98 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.
F9 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $131.03 to $132.00 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.
F10 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $132.05 to $133.02 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.
F11 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $133.10 to $133.90 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.
F12 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $134.18 to $134.64 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.
F13 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.
F14 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.
F15 The RSU vests and will convert to common stock of the Issuer as to 1/4th of the total shares on November 25, 2020, after which 1/16th of the total shares vest quarterly, subject to continued service through each vesting date.
F16 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.
F17 The option is fully vested.