Margaret Tooth - 25 Nov 2023 Form 4 Insider Report for TRUPANION, INC. (TRUP)

Role
President
Signature
/s/ Lauren Welsh as attorney-in-fact for Margaret Tooth
Issuer symbol
TRUP
Transactions as of
25 Nov 2023
Net transactions value
-$89,033
Form type
4
Filing time
28 Nov 2023, 19:36:27 UTC
Previous filing
29 Aug 2023
Next filing
27 Feb 2024
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 +2,171 +3.3% 68,907 25 Nov 2023 Direct F1
transaction TRUP Common Stock Tax liability $23,118 -854 -1.2% $27.07 68,053 25 Nov 2023 Direct F2
transaction TRUP Common Stock Options Exercise +2,927 +4.3% 70,980 25 Nov 2023 Direct F1
transaction TRUP Common Stock Tax liability $31,158 -1,151 -1.6% $27.07 69,829 25 Nov 2023 Direct F2
transaction TRUP Common Stock Options Exercise +3,265 +4.7% 73,094 25 Nov 2023 Direct F1
transaction TRUP Common Stock Tax liability $34,758 -1,284 -1.8% $27.07 71,810 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 -2,171 -50% $0.000000 2,172 25 Nov 2023 Common Stock 2,171 Direct F1, F3
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -2,927 -17% $0.000000 14,634 25 Nov 2023 Common Stock 2,927 Direct F1, F4
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -3,265 -10% $0.000000 29,391 25 Nov 2023 Common Stock 3,265 Direct F1, F5
* 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 34,741 restricted stock units (RSUs). The RSUs vest and will convert to 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 vesting date.
F4 On February 22, 2021, the Reporting Person was granted 46,828 restricted stock units (RSUs). The RSUs vest and will convert to 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 28, 2022, the Reporting Person was granted 52,250 restricted stock units (RSUs). The RSUs vest and will convert to 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.