Margaret Tooth - Nov 25, 2021 Form 4/A - Amendment Insider Report for TRUPANION, INC. (TRUP)

Role: Co-President
Signature: /s/ Charlotte Sim-Warner as attorney-in-fact for Margaret Tooth
Stock symbol: TRUP
Transactions as of: Nov 25, 2021
Transactions value $: -$108,062
Form type: 4/A - Amendment
Date filed: 2/1/2022, 04:30 PM
Date Of Original Report: Dec 30, 2021
Previous filing: Nov 1, 2021
Next filing: Dec 1, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TRUP	Common Stock	Options Exercise		+1.22K	+6.89%		18.9K	Nov 25, 2021	Direct	F1
transaction	TRUP	Common Stock	Sale	-$60.1K	-480	-2.54%	$125.23	18.4K	Nov 25, 2021	Direct	F2, F3, F4
transaction	TRUP	Common Stock	Sale	-$48K	-350	-1.9%	$137.00	18.1K	Dec 28, 2021	Direct	F5

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	-49.98%	$0.00	1.22K	Nov 25, 2021	Common Stock	1.22K		Direct	F1, F6

* 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 amends the incorrect disclosure that shares were withheld by issuer to satisfy taxes and corrects the disclosure to report that shares were sold by issuer to satisfy tax obligations.
F3	This Form 4 discloses the shares of common stock that have been sold by the issuer to satisfy its income tax withholding and remittance obligations in connection with the vesting of the restricted stock units.
F4	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $125.22 to $126.70 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 (4).
F5	The exercise and sale reported were effected pursuant to a Rule 10b5-1 trading plan adopted by reporting person on May 28, 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.
F6	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.