Gavin Friedman - Feb 25, 2022 Form 4 Insider Report for TRUPANION, INC. (TRUP)

Role
EVP, People and Legal
Signature
/s/ Charlotte Sim-Warner as attorney-in-fact for Gavin Friedman
Stock symbol
TRUP
Transactions as of
Feb 25, 2022
Transactions value $
-$437,744
Form type
4
Date filed
3/1/2022, 06:31 PM
Previous filing
Feb 3, 2022
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRUP Common Stock Options Exercise +313 +75.24% 729 Feb 25, 2022 Direct F1
transaction TRUP Common Stock Tax liability -$11.6K -131 -17.97% $88.63 598 Feb 25, 2022 Direct F2
transaction TRUP Common Stock Options Exercise +684 +114.38% 1.28K Feb 25, 2022 Direct F1
transaction TRUP Common Stock Tax liability -$25.3K -286 -22.31% $88.63 996 Feb 25, 2022 Direct F2
transaction TRUP Common Stock Options Exercise +22 +2.21% 1.02K Feb 25, 2022 Direct F1
transaction TRUP Common Stock Tax liability -$798 -9 -0.88% $88.63 1.01K Feb 25, 2022 Direct F2
transaction TRUP Common Stock Options Exercise +2.75K +272.15% 3.76K Feb 25, 2022 Direct F1
transaction TRUP Common Stock Tax liability -$102K -1.15K -30.65% $88.63 2.6K Feb 25, 2022 Direct F2
transaction TRUP Common Stock Options Exercise +8.02K +307.83% 10.6K Feb 25, 2022 Direct F1
transaction TRUP Common Stock Tax liability -$298K -3.36K -31.66% $88.63 7.26K Feb 25, 2022 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 -313 -100% $0.00* 0 Feb 25, 2022 Common Stock 313 Direct F1, F3
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -684 -20% $0.00 2.74K Feb 25, 2022 Common Stock 684 Direct F1, F4
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -22 -12.09% $0.00 160 Feb 25, 2022 Common Stock 22 Direct F1, F5
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -2.75K -11.11% $0.00 22K Feb 25, 2022 Common Stock 2.75K Direct F1, F6
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -8.02K -25% $0.00 24K Feb 25, 2022 Common Stock 8.02K Direct F1, F7
transaction TRUP Restricted Stock Unit (RSU) Award $0 +6.18K $0.00 6.18K Feb 28, 2022 Common Stock 6.18K Direct F1, F8
* 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 November 25, 2020, 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, 2021, after which 1/16th of the total shares vest quarterly, subject to continued service through each vesting date.
F7 On February 22, 2021, the Reporting Person was granted 32,061 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 February 25, 2022, after which 1/16th of the total shares vest quarterly, subject to continued service through each vest date.
F8 On February 28, 2022, the Reporting Person was granted 6,181 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 February 25, 2023, after which 1/16th of the total shares vest quarterly, subject to continued service through each vest date.