DARRYL RAWLINGS - 25 Feb 2024 Form 4 Insider Report for TRUPANION, INC. (TRUP)

Role
Chief Executive Officer, Director
Signature
/s/ Lauren Welsh as attorney-in-fact for Darryl Rawlings
Issuer symbol
TRUP
Transactions as of
25 Feb 2024
Net transactions value
-$39,399
Form type
4
Filing time
27 Feb 2024, 21:29:09 UTC
Previous filing
28 Nov 2023
Next filing
29 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 +2,098 +0.36% 591,556 25 Feb 2024 Direct F1
transaction TRUP Common Stock Tax liability $14,306 -622 -0.11% $23.00 590,934 25 Feb 2024 Direct F2
transaction TRUP Common Stock Options Exercise +2,738 +0.46% 593,672 25 Feb 2024 Direct F1
transaction TRUP Common Stock Tax liability $18,653 -811 -0.14% $23.00 592,861 25 Feb 2024 Direct F2
transaction TRUP Common Stock Options Exercise +946 +0.16% 593,807 25 Feb 2024 Direct F1
transaction TRUP Common Stock Tax liability $6,440 -280 -0.05% $23.00 593,527 25 Feb 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 -2,098 -100% $0.000000* 0 25 Feb 2024 Common Stock 2,098 Direct F1, F3
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -2,738 -20% $0.000000 10,951 25 Feb 2024 Common Stock 2,738 Direct F1, F4
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -946 -11% $0.000000 7,566 25 Feb 2024 Common Stock 946 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 33,566 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 43,804 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 15,132 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.