CHRISTOPHER J. KEARNS - 24 Feb 2025 Form 4 Insider Report for TRUPANION, INC. (TRUP)

Signature
/s/ Christina Poler as attorney-in-fact for Christopher J. Kearns
Issuer symbol
TRUP
Transactions as of
24 Feb 2025
Net transactions value
-$154,855
Form type
4
Filing time
26 Feb 2025, 20:14:46 UTC
Previous filing
06 May 2024
Next filing
03 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRUP Common Stock Options Exercise +12,794 12,794 24 Feb 2025 Direct F1
transaction TRUP Common Stock Tax liability $154,855 -4,635 -36% $33.41 8,159 24 Feb 2025 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 -12,794 -25% $0.000000 38,381 24 Feb 2025 Common Stock 12,794 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 51,175 restricted stock unites (RSUs). The RSUs vest and convert into common stock of the Issuer as to 1/4th of the total shares on February 22, 2025, after which 1/16th of the total shares vest quarterly, subject to continued service through each vest date.