Andrew D. Wolff - 25 Feb 2023 Form 4 Insider Report for TRUPANION, INC. (TRUP)

Signature
/s/ Charlotte Sim-Warner as attorney-in-fact for Andrew D. Wolff
Issuer symbol
TRUP
Transactions as of
25 Feb 2023
Net transactions value
-$61,900
Form type
4
Filing time
28 Feb 2023, 15:44:04 UTC
Previous filing
29 Nov 2022
Next filing
30 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRUP Common Stock Options Exercise +440 +13% 3,954 25 Feb 2023 Direct F1
transaction TRUP Common Stock Tax liability $7,349 -130 -3.3% $56.53 3,824 25 Feb 2023 Direct
transaction TRUP Common Stock Options Exercise +440 +12% 4,264 25 Feb 2023 Direct F1
transaction TRUP Common Stock Tax liability $7,349 -130 -3% $56.53 4,134 25 Feb 2023 Direct
transaction TRUP Common Stock Options Exercise $0 +3,305 +80% $0.000000 7,439 25 Feb 2023 Direct
transaction TRUP Common Stock Tax liability $47,203 -835 -11% $56.53 6,604 25 Feb 2023 Direct

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 -440 -9.1% $0.000000 4,403 25 Feb 2023 Common Stock 440 Direct F1, F2
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -440 -8.3% $0.000000 4,843 25 Feb 2023 Common Stock 440 Direct F1, F3
transaction TRUP Restricted Stock Unit (RSU) Award $0 -3,305 -25% $0.000000 9,914 25 Feb 2023 Common Stock 3,305 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 On August 16, 2021, the reporting person was granted 7,044 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 August 25, 2022, after which 1/16th of the total shares vest quarterly, subject to continued service through each vest date.
F3 On November 12, 2021, the reporting person was granted 7,044 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 November 25, 2022, after which 1/16th of the total shares vest quarterly, subject to continued service through each vest date.
F4 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.