Kalpesh Raval - Nov 13, 2023 Form 4 Insider Report for TRUPANION, INC. (TRUP)

Role
General Manager
Signature
/s/ Lauren Welsh as attorney-in-fact for Kalpesh Raval
Stock symbol
TRUP
Transactions as of
Nov 13, 2023
Transactions value $
-$4,336
Form type
4
Date filed
11/15/2023, 08:43 PM
Previous filing
Aug 29, 2023
Next filing
Nov 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRUP Common Stock Options Exercise +601 +53.33% 1.73K Nov 13, 2023 Direct F1
transaction TRUP Common Stock Tax liability -$4.34K -191 -11.05% $22.70 1.54K Nov 13, 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 +601 $0.00 601 Nov 13, 2023 Common Stock 601 Direct F1, F3
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -601 -100% $0.00* 0 Nov 13, 2023 Common Stock 601 Direct F1, F3
* 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 sold by the issuer to satisfy its income tax withholding and remittance obligations in connection with the vesting of the restricted stock units.
F3 On November 13, 2023, the reporting person was granted 601 restricted stock units (RSUs). The RSUs were issued in lieu of a cash bonus pursuant to the Issuer's cash bonus conversion program. The RSUs were fully vested on the grant date.