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

Role
CEO, Director
Signature
/s/ Charlotte Sim-Warner as attorney-in-fact for Darryl Rawlings
Issuer symbol
TRUP
Transactions as of
25 Feb 2022
Net transactions value
-$419,840
Form type
4
Filing time
01 Mar 2022, 18:32:30 UTC
Previous filing
24 Feb 2022
Next filing
15 Mar 2022
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 +0.22% 547,533 25 Feb 2022 Direct F1
transaction TRUP Common Stock Tax liability $29,071 -328 -0.06% $88.63 547,205 25 Feb 2022 Direct F2
transaction TRUP Common Stock Options Exercise +1,505 +0.28% 548,710 25 Feb 2022 Direct F1
transaction TRUP Common Stock Tax liability $32,350 -365 -0.07% $88.63 548,345 25 Feb 2022 Direct F2
transaction TRUP Common Stock Options Exercise +2,098 +0.38% 550,443 25 Feb 2022 Direct F1
transaction TRUP Common Stock Tax liability $45,113 -509 -0.09% $88.63 549,934 25 Feb 2022 Direct F2
transaction TRUP Common Stock Options Exercise +10,951 +2% 560,885 25 Feb 2022 Direct F1
transaction TRUP Common Stock Tax liability $313,307 -3,535 -0.63% $88.63 557,350 25 Feb 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 -1,220 -100% $0.000000* 0 25 Feb 2022 Common Stock 1,220 Direct F1, F3
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -1,505 -20% $0.000000 6,020 25 Feb 2022 Common Stock 1,505 Direct F1, F4
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -2,098 -11% $0.000000 16,783 25 Feb 2022 Common Stock 2,098 Direct F1, F5
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -10,951 -25% $0.000000 32,853 25 Feb 2022 Common Stock 10,951 Direct F1, F6
transaction TRUP Restricted Stock Unit (RSU) Award $0 +15,132 $0.000000 15,132 28 Feb 2022 Common Stock 15,132 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 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 February 25, 2021, after which 1/16th of the total shares vest quarterly, subject to continued service through each vesting date.
F6 On February 22, 2021, the Reporting Person was granted 43,804 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.
F7 On February 28, 2022, the Reporting Person was granted 15,132 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.