Michael Doak - Aug 30, 2023 Form 4 Insider Report for TRUPANION, INC. (TRUP)

Role: Director
Signature: /s/ Lauren Welsh as attorney-in-fact for Michael Doak
Stock symbol: TRUP
Transactions as of: Aug 30, 2023
Transactions value $: -$56,753
Form type: 4
Date filed: 9/1/2023, 05:33 PM
Previous filing: Apr 4, 2023
Next filing: Jul 19, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TRUP	Common Stock	Options Exercise	$204K	+12.7K	+679.96%	$16.06	14.6K	Aug 30, 2023	Direct
transaction	TRUP	Common Stock	Sale	-$261K	-8.69K	-59.69%	$29.99	5.87K	Aug 30, 2023	Direct	F1

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	Stock Option (right to buy)	Options Exercise	$0	-12.7K	-100%	$0.00^*	0	Aug 30, 2023	Common Stock	12.7K	$16.06	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.88 to $30.17 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1).
F2	The option vests as to 25% of the total shares on each of March 31, 2017, June 30, 2017, September 30, 2017, and December 31, 2017, subject to the reporting person's provision of services to the issuer on each vesting date.

Content

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.88 to $30.17 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1).

The option vests as to 25% of the total shares on each of March 31, 2017, June 30, 2017, September 30, 2017, and December 31, 2017, subject to the reporting person's provision of services to the issuer on each vesting date.