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

Role
EVP, Trupanion International
Signature
/s/ Lauren Welsh as attorney-in-fact for Simon Wheeler
Stock symbol
TRUP
Transactions as of
Nov 25, 2023
Transactions value $
-$12,398
Form type
4
Date filed
11/28/2023, 07:37 PM
Previous filing
Nov 15, 2023
Next filing
Feb 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRUP Common Stock Options Exercise +975 +25.16% 4.85K Nov 25, 2023 Direct F1
transaction TRUP Common Stock Tax liability -$12.4K -458 -9.44% $27.07 4.39K Nov 25, 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 -975 -11.12% $0.00 7.79K Nov 25, 2023 Common Stock 975 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 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 November 12, 2021, the reporting person was granted 15,588 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.