Darryl Rawlings - May 22, 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
Stock symbol
TRUP
Transactions as of
May 22, 2024
Transactions value $
-$44,427
Form type
4
Date filed
5/24/2024, 08:24 PM
Previous filing
May 9, 2024
Next filing
May 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRUP Common Stock Options Exercise +6.25K +1.02% 621K May 22, 2024 Direct F1
transaction TRUP Common Stock Tax liability -$44.4K -1.52K -0.25% $29.19 620K May 22, 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 -6.25K -12.5% $0.00 43.8K May 22, 2024 Common Stock 6.25K 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 27, 2024, the reporting person was granted 50,000 restricted stock units (RSUs). The RSUs vest and convert into common stock of the Issuer as to 1/8th of the total shares on May 22, 2024, after which 1/8th of the total shares vest quarterly, subject to continued service through each vest date.