Melissa Joy Hewitt - 25 Feb 2024 Form 4 Insider Report for TRUPANION, INC. (TRUP)

Role
General Manager
Signature
/s/ Lauren Welsh as attorney-in-fact for Melissa Joy Hewitt
Issuer symbol
TRUP
Transactions as of
25 Feb 2024
Net transactions value
-$5,014
Form type
4
Filing time
27 Feb 2024, 21:29:20 UTC
Previous filing
04 Dec 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 +31 +0.62% 5,030 25 Feb 2024 Direct F1
transaction TRUP Common Stock Tax liability $207 -9 -0.18% $23.00 5,021 25 Feb 2024 Direct F2
transaction TRUP Common Stock Options Exercise +450 +9% 5,471 25 Feb 2024 Direct F1
transaction TRUP Common Stock Tax liability $3,059 -133 -2.4% $23.00 5,338 25 Feb 2024 Direct F2
transaction TRUP Common Stock Options Exercise +29 +0.54% 5,367 25 Feb 2024 Direct F1
transaction TRUP Common Stock Tax liability $184 -8 -0.15% $23.00 5,359 25 Feb 2024 Direct F2
transaction TRUP Common Stock Options Exercise +231 +4.3% 5,590 25 Feb 2024 Direct F1
transaction TRUP Common Stock Tax liability $1,564 -68 -1.2% $23.00 5,522 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 -31 -100% $0.000000* 0 25 Feb 2024 Common Stock 31 Direct F1, F3
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -450 -20% $0.000000 1,800 25 Feb 2024 Common Stock 450 Direct F1, F4
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -29 -20% $0.000000 117 25 Feb 2024 Common Stock 29 Direct F1, F5
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -231 -11% $0.000000 1,842 25 Feb 2024 Common Stock 231 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 485 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 7,198 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 February 22, 2021, the reporting person was granted 467 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.
F6 On February 28, 2022, the reporting person was granted 3,685 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.