Travis Worra - 25 Aug 2023 Form 4 Insider Report for TRUPANION, INC. (TRUP)

Role: General Manager
Signature: /s/ Lauren Welsh as attorney-in-fact for Travis Worra
Issuer symbol: TRUP
Transactions as of: 25 Aug 2023
Net transactions value: -$2,659
Form type: 4
Filing time: 29 Aug 2023, 18:32:58 UTC
Previous filing: 16 Aug 2023
Next filing: 15 Nov 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		+111	+4%		2,861	25 Aug 2023	Direct	F1
transaction	TRUP	Common Stock	Tax liability	$807	-27	-0.94%	$29.88	2,834	25 Aug 2023	Direct	F2
transaction	TRUP	Common Stock	Options Exercise		+71	+2.5%		2,905	25 Aug 2023	Direct	F1
transaction	TRUP	Common Stock	Tax liability	$508	-17	-0.59%	$29.88	2,888	25 Aug 2023	Direct	F2
transaction	TRUP	Common Stock	Options Exercise		+88	+3%		2,976	25 Aug 2023	Direct	F1
transaction	TRUP	Common Stock	Tax liability	$627	-21	-0.71%	$29.88	2,955	25 Aug 2023	Direct	F2
transaction	TRUP	Common Stock	Options Exercise		+102	+3.5%		3,057	25 Aug 2023	Direct	F1
transaction	TRUP	Common Stock	Tax liability	$717	-24	-0.79%	$29.88	3,033	25 Aug 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	-111	-33%	$0.000000	223	25 Aug 2023	Common Stock	111		Direct	F1, F3
transaction	TRUP	Restricted Stock Unit (RSU)	Options Exercise	$0	-71	-14%	$0.000000	427	25 Aug 2023	Common Stock	71		Direct	F1, F4
transaction	TRUP	Restricted Stock Unit (RSU)	Options Exercise	$0	-88	-10%	$0.000000	792	25 Aug 2023	Common Stock	88		Direct	F1, F5
transaction	TRUP	Restricted Stock Unit (RSU)	Options Exercise	$0	-102	-9.1%	$0.000000	1,023	25 Aug 2023	Common Stock	102		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 April 3, 2020, the reporting person was granted 1,782 restricted stock units (RSUs). The RSUs vested and converted into 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 vest date.
F4	On February 22, 2021, the reporting person was granted 1,138 restricted stock units (RSUs). The RSUs vested and converted into 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.
F5	On November 12, 2021, the reporting person was granted 1,408 restricted stock units (RSUs). The RSUs vested and converted into 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.
F6	On February 28, 2022, the reporting person was granted 1,637 restricted stock units (RSUs). The RSUs vested and converted into 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.