Jessica Johannson - Jun 7, 2021 Form 4 Insider Report for TUCOWS INC /PA/ (TCX)

Role
Chief People Officer
Signature
/s/ Jessica Johannson
Stock symbol
TCX
Transactions as of
Jun 7, 2021
Transactions value $
-$286,805
Form type
4
Date filed
6/8/2021, 12:11 PM
Previous filing
May 14, 2021
Next filing
Jun 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TCX Common Stock Options Exercise $44.1K +1.25K $35.25 1.25K Jun 7, 2021 Direct
transaction TCX Common Stock Options Exercise $108K +1.69K +134.96% $64.10 2.94K Jun 7, 2021 Direct
transaction TCX Common Stock Options Exercise $69.9K +1.13K +38.3% $62.12 4.06K Jun 7, 2021 Direct
transaction TCX Common Stock Options Exercise $33.7K +562 +13.84% $60.01 4.62K Jun 7, 2021 Direct
transaction TCX Common Stock Tax liability -$287K -3.57K -77.18% $80.36 1.06K Jun 7, 2021 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 TCX Stock Option (Right to Buy) Options Exercise -$44.1K -1.25K -100% $35.25 0 Jun 7, 2021 Common Stock 1.25K $35.25 Direct F1
transaction TCX Stock Option (Right to Buy) Options Exercise -$108K -1.69K -100% $64.10 0 Jun 7, 2021 Common Stock 1.69K $64.10 Direct F1
transaction TCX Stock Option (Right to Buy) Options Exercise -$69.9K -1.13K -100% $62.12 0 Jun 7, 2021 Common Stock 1.13K $62.12 Direct F1
transaction TCX Stock Option (Right to Buy) Options Exercise -$33.7K -562 -100% $60.01 0 Jun 7, 2021 Common Stock 562 $60.01 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock options granted under the 2006 Equity Compensation Plan vest in four (4) equal installments of 25% each beginning on the first anniversary of the grant date.
F2 Under the terms of the Issuer's stock incentive plan, these shares were withheld by the Issuer to cover the option exercise price and tax withholding obligations related to the net exercise of the above options.