John R. Gallagher - Aug 22, 2024 Form 4 Insider Report for TRUPANION, INC. (TRUP)

Signature
/s/ Christina Poler as attorney-in-fact for John R. Gallagher
Stock symbol
TRUP
Transactions as of
Aug 22, 2024
Transactions value $
-$28,369
Form type
4
Date filed
8/26/2024, 08:16 PM
Previous filing
Aug 20, 2024
Next filing
Aug 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRUP Common Stock Options Exercise +2.57K +15.01% 19.7K Aug 22, 2024 Direct F1
transaction TRUP Common Stock Tax liability -$28.4K -625 -3.17% $45.39 19.1K Aug 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 -2.57K -14.29% $0.00 15.4K Aug 22, 2024 Common Stock 2.57K 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 20,559 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.