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

Role
Co-President
Signature
/s/ Charlotte Sim-Warner as attorney-in-fact for Tricia Plouf
Issuer symbol
TRUP
Transactions as of
25 Aug 2021
Net transactions value
-$725,915
Form type
4
Filing time
24 Jan 2022, 19:18:59 UTC
Previous filing
23 Aug 2021
Next filing
04 Oct 2021
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 +1,220 +5.2% 24,540 25 Aug 2021 Direct F1
transaction TRUP Common Stock Tax liability $45,038 -480 -2% $93.83 24,060 25 Aug 2021 Direct F2
transaction TRUP Common Stock Options Exercise +1,783 +7.4% 25,843 25 Aug 2021 Direct F1
transaction TRUP Common Stock Tax liability $65,775 -701 -2.7% $93.83 25,142 25 Aug 2021 Direct F2
transaction TRUP Common Stock Options Exercise +2,171 +8.6% 27,313 25 Aug 2021 Direct F1
transaction TRUP Common Stock Tax liability $80,131 -854 -3.1% $93.83 26,459 25 Aug 2021 Direct F2
transaction TRUP Common Stock Options Exercise +1,782 +6.7% 28,241 25 Nov 2021 Direct F1
transaction TRUP Common Stock Tax liability $87,646 -701 -2.5% $125.03 27,540 25 Nov 2021 Direct F2
transaction TRUP Common Stock Options Exercise +2,171 +7.9% 29,711 25 Nov 2021 Direct F1
transaction TRUP Common Stock Tax liability $106,776 -854 -2.9% $125.03 28,857 25 Nov 2021 Direct F2
transaction TRUP Common Stock Sale $340,549 -3,500 -12% $97.30 25,357 20 Jan 2022 Direct F3, F4

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 -1,220 -50% $0.000000 1,220 25 Aug 2021 Common Stock 1,220 Direct F1, F5
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -1,783 -14% $0.000000 10,693 25 Aug 2021 Common Stock 1,783 Direct F1, F6
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -2,171 -9.1% $0.000000 21,713 25 Aug 2021 Common Stock 2,171 Direct F1, F7
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -1,782 -17% $0.000000 8,911 25 Nov 2021 Common Stock 1,782 Direct F1, F6
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -2,171 -10% $0.000000 19,542 25 Nov 2021 Common Stock 2,171 Direct F1, F7
* 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 sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by reporting person on May 27, 2020 and amended on August 31, 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 $95.99 to $98.475 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 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.
F6 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.
F7 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.