Fawwad Qureshi - 22 May 2024 Form 4 Insider Report for TRUPANION, INC. (TRUP)

Signature
/s/ Lauren Welsh as attorney-in-fact for Fawwad Qureshi
Issuer symbol
TRUP
Transactions as of
22 May 2024
Net transactions value
-$7,969
Form type
4
Filing time
24 May 2024, 20:26:09 UTC
Previous filing
29 Feb 2024
Next filing
19 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRUP Common Stock Options Exercise +913 913 22 May 2024 Direct F1
transaction TRUP Common Stock Tax liability $7,969 -273 -30% $29.19 640 22 May 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 -913 -12% $0.000000 6,391 22 May 2024 Common Stock 913 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 7,304 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.