SIMON WHEELER - 27 Feb 2024 Form 4 Insider Report for TRUPANION, INC. (TRUP)

Role
EVP, Trupanion International
Signature
/s/ Lauren Welsh as attorney-in-fact for Simon Wheeler
Issuer symbol
TRUP
Transactions as of
27 Feb 2024
Net transactions value
-$11,590
Form type
4
Filing time
29 Feb 2024, 18:36:20 UTC
Previous filing
27 Feb 2024
Next filing
24 Jun 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 +905 +18% 5,814 27 Feb 2024 Direct F1
transaction TRUP Common Stock Tax liability $11,590 -425 -7.3% $27.27 5,389 27 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) Award $0 +15,000 $0.000000 15,000 27 Feb 2024 Common Stock 15,000 Direct F1, F3
transaction TRUP Restricted Stock Unit (RSU) Award $0 +12,203 $0.000000 12,203 27 Feb 2024 Common Stock 12,203 Direct F1, F4
transaction TRUP Restricted Stock Unit (RSU) Award $0 +905 $0.000000 905 27 Feb 2024 Common Stock 905 Direct F1, F5
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -905 -100% $0.000000* 0 27 Feb 2024 Common Stock 905 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 sold by the issuer to satisfy its income tax withholding and remittance obligations in connection with the vesting of the restricted stock units.
F3 On February 27, 2024, the reporting person was granted 15,000 restricted stock units (RSUs). The RSUs vest and convert into common stock of the Issuer as to 1/4th of the total shares on February 25, 2025, after which 1/16th of the total shares vest quarterly, subject to continued service through each vest date.
F4 On February 27, 2024, the reporting person was granted 12,203 restricted stock units (RSUs). The RSUs vest and convert into common stock of the Issuer as to 1/4th of the total shares on February 25, 2025, after which 1/16th of the total shares vest quarterly, subject to continued service through each vest date.
F5 On February 27, 2024, the reporting person was granted 905 restricted stock units (RSUs). The RSUs were issued in lieu of a cash bonus pursuant to the Issuer's cash bonus conversion program. The RSUs were fully vested on the grant date.