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

Signature
/s/ Charlotte Sim-Warner as attorney-in-fact for Darryl Rawlings
Stock symbol
TRUP
Transactions as of
Feb 25, 2022
Transactions value $
-$419,840
Form type
4
Date filed
3/1/2022, 06:32 PM
Previous filing
Feb 24, 2022
Next filing
Mar 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRUP Common Stock Options Exercise +1.22K +0.22% 548K Feb 25, 2022 Direct F1
transaction TRUP Common Stock Tax liability -$29.1K -328 -0.06% $88.63 547K Feb 25, 2022 Direct F2
transaction TRUP Common Stock Options Exercise +1.51K +0.28% 549K Feb 25, 2022 Direct F1
transaction TRUP Common Stock Tax liability -$32.3K -365 -0.07% $88.63 548K Feb 25, 2022 Direct F2
transaction TRUP Common Stock Options Exercise +2.1K +0.38% 550K Feb 25, 2022 Direct F1
transaction TRUP Common Stock Tax liability -$45.1K -509 -0.09% $88.63 550K Feb 25, 2022 Direct F2
transaction TRUP Common Stock Options Exercise +11K +1.99% 561K Feb 25, 2022 Direct F1
transaction TRUP Common Stock Tax liability -$313K -3.54K -0.63% $88.63 557K 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 -1.22K -100% $0.00* 0 Feb 25, 2022 Common Stock 1.22K Direct F1, F3
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -1.51K -20% $0.00 6.02K Feb 25, 2022 Common Stock 1.51K Direct F1, F4
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -2.1K -11.11% $0.00 16.8K Feb 25, 2022 Common Stock 2.1K Direct F1, F5
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -11K -25% $0.00 32.9K Feb 25, 2022 Common Stock 11K Direct F1, F6
transaction TRUP Restricted Stock Unit (RSU) Award $0 +15.1K $0.00 15.1K Feb 28, 2022 Common Stock 15.1K 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.