Brenna Mcgibney - May 15, 2023 Form 4 Insider Report for TRUPANION, INC. (TRUP)

Role
Chief Administration Officer
Signature
/s/ Charlotte Sim-Warner as attorney-in-fact for Brenna McGibney
Stock symbol
TRUP
Transactions as of
May 15, 2023
Transactions value $
-$7,578
Form type
4
Date filed
5/17/2023, 05:46 PM
Previous filing
Mar 10, 2023
Next filing
Aug 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRUP Common Stock Options Exercise +696 +2676.92% 722 May 15, 2023 Direct F1
transaction TRUP Common Stock Tax liability -$7.58K -372 -51.52% $20.37 350 May 15, 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) Award $0 +277 $0.00 277 May 15, 2023 Common Stock 277 Direct F1, F3
transaction TRUP Restricted Stock Unit (RSU) Award $0 +696 $0.00 696 May 15, 2023 Common Stock 696 Direct F1, F4
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -696 -100% $0.00* 0 May 15, 2023 Common Stock 696 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 May 15, 2023, the reporting person was granted 277 restricted stock units (RSUs). The RSUs vest and convert into common stock of the Issuer as to 1/4th of the total shares on May 25, 2024, after which 1/16th of the total shares vest quarterly, subject to continued service through each vest date.
F4 On May 15, 2023, the reporting person was granted 696 restricted stock units (RSUs). The RSUs were fully vested on the date of grant.