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

Role
President
Signature
/s/ Charlotte Sim-Warner as attorney-in-fact for Margaret Tooth
Issuer symbol
TRUP
Transactions as of
25 Feb 2022
Net transactions value
-$517,778
Form type
4
Filing time
01 Mar 2022, 18:32:58 UTC
Previous filing
01 Dec 2021
Next filing
30 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 +5.1% 25,361 25 Feb 2022 Direct F1
transaction TRUP Common Stock Tax liability $31,464 -355 -1.4% $88.63 25,006 25 Feb 2022 Direct F2
transaction TRUP Common Stock Options Exercise +2,377 +9.5% 27,383 25 Feb 2022 Direct F1
transaction TRUP Common Stock Tax liability $50,874 -574 -2.1% $88.63 26,809 25 Feb 2022 Direct F2
transaction TRUP Common Stock Options Exercise +2,172 +8.1% 28,981 25 Feb 2022 Direct F1
transaction TRUP Common Stock Tax liability $46,797 -528 -1.8% $88.63 28,453 25 Feb 2022 Direct F2
transaction TRUP Common Stock Options Exercise +11,707 +41% 40,160 25 Feb 2022 Direct F1
transaction TRUP Common Stock Tax liability $356,115 -4,018 -10% $88.63 36,142 25 Feb 2022 Direct F2
transaction TRUP Common Stock Options Exercise +409 +1.1% 36,551 25 Feb 2022 Direct F1
transaction TRUP Common Stock Tax liability $15,327 -171 -0.47% $89.63 36,380 25 Feb 2022 Direct F2
transaction TRUP Common Stock Sale $17,202 -200 -0.55% $86.01 36,180 25 Feb 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 -1,220 -100% $0.000000* 0 25 Feb 2022 Common Stock 1,220 Direct F1, F4
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -2,377 -20% $0.000000 9,505 25 Feb 2022 Common Stock 2,377 Direct F1, F5
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -2,172 -11% $0.000000 17,370 25 Feb 2022 Common Stock 2,172 Direct F1, F6
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -11,707 -25% $0.000000 35,121 25 Feb 2022 Common Stock 11,707 Direct F1, F7
transaction TRUP Restricted Stock Unit (RSU) Award $0 +52,250 $0.000000 52,250 28 Feb 2022 Common Stock 52,250 Direct F1, F8
transaction TRUP Restricted Stock Unit (RSU) Award $0 +409 $0.000000 409 28 Feb 2022 Common Stock 409 Direct F1, F9
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -409 -100% $0.000000* 0 28 Feb 2022 Common Stock 409 Direct F1, F9
* 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 sale reported was 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.
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 46,828 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.
F9 This RSU is fully vested on grant date.