Melissa Joy Hewitt - 25 Nov 2023 Form 4 Insider Report for TRUPANION, INC. (TRUP)

Role
General Manager
Signature
/s/ Lauren Welsh as attorney-in-fact for Melissa Joy Hewitt
Issuer symbol
TRUP
Transactions as of
25 Nov 2023
Net transactions value
-$4,846
Form type
4
Filing time
28 Nov 2023, 19:30:11 UTC
Previous filing
15 Nov 2023
Next filing
04 Dec 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 +30 +0.53% 5,683 25 Nov 2023 Direct F1
transaction TRUP Common Stock Tax liability $189 -7 -0.12% $27.07 5,676 25 Nov 2023 Direct F2
transaction TRUP Common Stock Options Exercise +449 +7.9% 6,125 25 Nov 2023 Direct F1
transaction TRUP Common Stock Tax liability $2,951 -109 -1.8% $27.07 6,016 25 Nov 2023 Direct F2
transaction TRUP Common Stock Options Exercise +29 +0.48% 6,045 25 Nov 2023 Direct F1
transaction TRUP Common Stock Tax liability $189 -7 -0.12% $27.07 6,038 25 Nov 2023 Direct F2
transaction TRUP Common Stock Options Exercise +230 +3.8% 6,268 25 Nov 2023 Direct F1
transaction TRUP Common Stock Tax liability $1,516 -56 -0.89% $27.07 6,212 25 Nov 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 -30 -49% $0.000000 31 25 Nov 2023 Common Stock 30 Direct F1, F3
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -449 -17% $0.000000 2,250 25 Nov 2023 Common Stock 449 Direct F1, F4
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -29 -17% $0.000000 146 25 Nov 2023 Common Stock 29 Direct F1, F5
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -230 -10% $0.000000 2,073 25 Nov 2023 Common Stock 230 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 485 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 7,198 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 February 22, 2021, the reporting person was granted 467 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.
F6 On February 28, 2022, the reporting person was granted 3,685 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.