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

Role
Chief Operating Officer
Signature
/s/ Charlotte Sim-Warner as attorney-in-fact for Tricia Plouf
Stock symbol
TRUP
Transactions as of
Feb 25, 2022
Transactions value $
-$753,767
Form type
4
Date filed
3/1/2022, 06:32 PM
Previous filing
Dec 20, 2021
Next filing
Mar 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRUP Common Stock Sale -$298K -3.5K -13.8% $85.00 21.9K Feb 25, 2022 Direct F1
transaction TRUP Common Stock Options Exercise +1.22K +5.58% 23.1K Feb 25, 2022 Direct F2
transaction TRUP Common Stock Tax liability -$29.1K -328 -1.42% $88.63 22.7K Feb 25, 2022 Direct F3
transaction TRUP Common Stock Options Exercise +1.78K +7.83% 24.5K Feb 25, 2022 Direct F2
transaction TRUP Common Stock Tax liability -$38.4K -433 -1.77% $88.63 24.1K Feb 25, 2022 Direct F3
transaction TRUP Common Stock Options Exercise +2.17K +9.01% 26.3K Feb 25, 2022 Direct F2
transaction TRUP Common Stock Tax liability -$46.8K -528 -2.01% $88.63 25.7K Feb 25, 2022 Direct F3
transaction TRUP Common Stock Options Exercise +11.6K +44.98% 37.3K Feb 25, 2022 Direct F2
transaction TRUP Common Stock Tax liability -$342K -3.86K -10.34% $88.63 33.5K Feb 25, 2022 Direct F3

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 -100% $0.00* 0 Feb 25, 2022 Common Stock 1.22K Direct F2, F4
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -1.78K -20% $0.00 7.13K Feb 25, 2022 Common Stock 1.78K Direct F2, F5
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -2.17K -11.11% $0.00 17.4K Feb 25, 2022 Common Stock 2.17K Direct F2, F6
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -11.6K -25% $0.00 34.7K Feb 25, 2022 Common Stock 11.6K Direct F2, F7
transaction TRUP Restricted Stock Unit (RSU) Award $0 +52.3K $0.00 52.3K Feb 28, 2022 Common Stock 52.3K Direct F2, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 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.
F4 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.
F5 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.
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 46,312 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 52,250 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.