Andrew D. Wolff - 28 Feb 2022 Form 4 Insider Report for TRUPANION, INC. (TRUP)

Signature
/s/ Lauren Welsh as attorney-in-fact for Andrew D. Wolff
Issuer symbol
TRUP
Transactions as of
28 Feb 2022
Net transactions value
-$6,902
Form type
4
Filing time
01 Mar 2022, 18:33:20 UTC
Previous filing
24 Feb 2022
Next filing
06 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRUP Common Stock Options Exercise +262 +53% 756 28 Feb 2022 Direct F1
transaction TRUP Common Stock Tax liability $6,902 -77 -10% $89.63 679 28 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) Award $0 +13,219 $0.000000 13,219 28 Feb 2022 Common Stock 13,219 Direct F1, F3
transaction TRUP Restricted Stock Unit (RSU) Award $0 +262 $0.000000 262 28 Feb 2022 Common Stock 262 Direct F1, F4
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -262 -100% $0.000000* 0 28 Feb 2022 Common Stock 262 Direct F1, F4
* 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 On February 28, 2022, the Reporting Person was granted 13,219 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.
F4 This RSU is fully vested on grant date.