Margaret Tooth - 25 Feb 2023 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 2023
Net transactions value
-$312,441
Form type
4
Filing time
28 Feb 2023, 15:43:17 UTC
Previous filing
29 Nov 2022
Next filing
30 May 2023
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 +2,377 +5.7% 43,954 25 Feb 2023 Direct F1
transaction TRUP Common Stock Tax liability $38,553 -682 -1.6% $56.53 43,272 25 Feb 2023 Direct F2
transaction TRUP Common Stock Options Exercise +2,172 +5% 45,444 25 Feb 2023 Direct F1
transaction TRUP Common Stock Tax liability $29,678 -525 -1.2% $56.53 44,919 25 Feb 2023 Direct F2
transaction TRUP Common Stock Options Exercise +2,927 +6.5% 47,846 25 Feb 2023 Direct F1
transaction TRUP Common Stock Tax liability $40,249 -712 -1.5% $56.53 47,134 25 Feb 2023 Direct F2
transaction TRUP Common Stock Options Exercise $0 +13,063 +28% $0.000000 60,197 25 Feb 2023 Direct
transaction TRUP Common Stock Tax liability $203,960 -3,608 -6% $56.53 56,589 25 Feb 2023 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 -2,377 -100% $0.000000* 0 25 Feb 2023 Common Stock 2,377 Direct F1, F3
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -2,172 -20% $0.000000 8,685 25 Feb 2023 Common Stock 2,172 Direct F1, F4
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -2,927 -11% $0.000000 23,414 25 Feb 2023 Common Stock 2,927 Direct F1, F5
transaction TRUP Restricted Stock Unit (RSU) Award $0 -13,063 -25% $0.000000 39,187 25 Feb 2023 Common Stock 13,063 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 On February 22, 2019, the Reporting Person was granted 38,020 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, 2020, after which 1/16th of the total shares vest quarterly, subject to continued service through each vesting date.
F4 On April 3, 2020, the Reporting Person was granted 34,741 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, 2021, after which 1/16th of the total shares vest quarterly, subject to continued service through each vesting date.
F5 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.
F6 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.