Gavin Friedman - 25 May 2022 Form 4 Insider Report for TRUPANION, INC. (TRUP)

Role
EVP, Legal and Regulatory
Signature
/s/ Charlotte Sim-Warner as attorney-in-fact for Gavin Friedman
Issuer symbol
TRUP
Transactions as of
25 May 2022
Transactions value $
-$135,627
Form type
4
Filing time
27 May 2022, 17:23:50 UTC
Previous filing
07 Apr 2022
Next filing
15 Aug 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 +684 +13.01% 5.94K 25 May 2022 Direct F1
transaction TRUP Common Stock Tax liability -$17K -269 -4.53% $63.20 5.67K 25 May 2022 Direct F2
transaction TRUP Common Stock Options Exercise +23 +0.41% 5.7K 25 May 2022 Direct F1
transaction TRUP Common Stock Tax liability -$569 -9 -0.16% $63.20 5.69K 25 May 2022 Direct F2
transaction TRUP Common Stock Options Exercise +2.75K +48.29% 8.43K 25 May 2022 Direct F1
transaction TRUP Common Stock Tax liability -$68.3K -1.08K -12.81% $63.20 7.35K 25 May 2022 Direct F2
transaction TRUP Common Stock Options Exercise +2K +27.24% 9.36K 25 May 2022 Direct F1
transaction TRUP Common Stock Tax liability -$49.8K -788 -8.42% $63.20 8.57K 25 May 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 -684 -25% $0.00 2.05K 25 May 2022 Common Stock 684 Direct F1, F3
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -23 -14.37% $0.00 137 25 May 2022 Common Stock 23 Direct F1, F4
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -2.75K -12.5% $0.00 19.2K 25 May 2022 Common Stock 2.75K Direct F1, F5
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -2K -8.33% $0.00 22K 25 May 2022 Common Stock 2K Direct F1, F6
* 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, 2020, 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 November 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 32,061 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.