(TCX)

Role: 10%+ Owner
Signature: Blacksheep Master Fund Ltd, By: Blacksheep Fund Management Limited, By: /s/ Alexis Fortune, Chief Executive Officer
Issuer symbol: TCX
Transactions as of: 19 May 2022
Transactions value $: $133,893
Form type: 4
Filing time: 20 Dec 2022, 16:23:38 UTC
Previous filing: 20 Dec 2022
Next filing: 23 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TCX	Common Stock	Purchase	$756,559	+16,153	+1.41%	$46.84	1,161,006	19 May 2022	Direct	F1
transaction	TCX	Common Stock	Sale	-$201,604	-4,320	-0.37%	$46.67	1,156,686	24 Oct 2022	Direct	F1
transaction	TCX	Common Stock	Sale	-$144,558	-3,200	-0.28%	$45.17	1,153,486	26 Oct 2022	Direct	F1
transaction	TCX	Common Stock	Sale	-$49,531	-1,100	-0.1%	$45.03	1,152,386	28 Oct 2022	Direct	F1
transaction	TCX	Common Stock	Sale	-$112,274	-2,493	-0.22%	$45.04	1,149,893	31 Oct 2022	Direct	F1
transaction	TCX	Common Stock	Sale	-$62,738	-1,390	-0.12%	$45.14	1,148,503	01 Nov 2022	Direct	F1
transaction	TCX	Common Stock	Sale	-$51,959	-1,252	-0.11%	$41.5	1,147,251	04 Nov 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The securities are owned directly by Blacksheep Master Fund Ltd. and may be deemed to be indirectly beneficially owned by (i) Blacksheep Fund Management Limited, the investment manager to Blacksheep Master Fund Ltd., (ii) Herdwick Capital Ltd., the parent company of Blacksheep Fund Management Limited, and (ii) Alexis Fortune, the controlling person of Herdwick Capital Ltd.

Remarks:

Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 3 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.