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

Signature
/s/ Lauren Welsh as attorney-in-fact for Travis Worra
Issuer symbol
TRUP
Transactions as of
25 Nov 2023
Net transactions value
-$2,409
Form type
4
Filing time
28 Nov 2023, 19:37:41 UTC
Previous filing
15 Nov 2023
Next filing
27 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRUP Common Stock Options Exercise +111 +3.2% 3,550 25 Nov 2023 Direct F1
transaction TRUP Common Stock Tax liability $731 -27 -0.76% $27.07 3,523 25 Nov 2023 Direct F2
transaction TRUP Common Stock Options Exercise +71 +2% 3,594 25 Nov 2023 Direct F1
transaction TRUP Common Stock Tax liability $460 -17 -0.47% $27.07 3,577 25 Nov 2023 Direct F2
transaction TRUP Common Stock Options Exercise +88 +2.5% 3,665 25 Nov 2023 Direct F1
transaction TRUP Common Stock Tax liability $568 -21 -0.57% $27.07 3,644 25 Nov 2023 Direct F2
transaction TRUP Common Stock Options Exercise +102 +2.8% 3,746 25 Nov 2023 Direct F1
transaction TRUP Common Stock Tax liability $650 -24 -0.64% $27.07 3,722 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 -111 -50% $0.000000 112 25 Nov 2023 Common Stock 111 Direct F1, F3
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -71 -17% $0.000000 356 25 Nov 2023 Common Stock 71 Direct F1, F4
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -88 -11% $0.000000 704 25 Nov 2023 Common Stock 88 Direct F1, F5
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -102 -10% $0.000000 921 25 Nov 2023 Common Stock 102 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 1,782 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 1,138 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 November 12, 2021, the reporting person was granted 1,408 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.
F6 On February 28, 2022, the reporting person was granted 1,637 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.