Kalpesh Raval - Feb 25, 2024 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
Feb 25, 2024
Transactions value $
-$598
Form type
4
Date filed
2/27/2024, 09:28 PM
Previous filing
Nov 28, 2023
Next filing
Feb 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRUP Common Stock Options Exercise +76 +4.79% 1.66K Feb 25, 2024 Direct F1
transaction TRUP Common Stock Tax liability -$598 -26 -1.56% $23.00 1.64K Feb 25, 2024 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 -76 -20.16% $0.00 301 Feb 25, 2024 Common Stock 76 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 February 22, 2021, the reporting person was granted 1,205 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.