EMILY DREYER - 25 May 2023 Form 4 Insider Report for TRUPANION, INC. (TRUP)

Signature
/s/ Charlotte Sim-Warner as attorney-in-fact for Emily Dreyer
Issuer symbol
TRUP
Transactions as of
25 May 2023
Net transactions value
-$12,054
Form type
4
Filing time
30 May 2023, 17:39:56 UTC
Previous filing
10 Mar 2023
Next filing
16 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRUP Common Stock Options Exercise +103 +0.68% 15,307 25 May 2023 Direct F1
transaction TRUP Common Stock Tax liability $516 -25 -0.16% $20.64 15,282 25 May 2023 Direct F2
transaction TRUP Common Stock Options Exercise +800 +5.2% 16,082 25 May 2023 Direct F1
transaction TRUP Common Stock Tax liability $4,004 -194 -1.2% $20.64 15,888 25 May 2023 Direct F2
transaction TRUP Common Stock Options Exercise +23 +0.14% 15,911 25 May 2023 Direct F1
transaction TRUP Common Stock Tax liability $103 -5 -0.03% $20.64 15,906 25 May 2023 Direct F2
transaction TRUP Common Stock Options Exercise +1,481 +9.3% 17,387 25 May 2023 Direct F1
transaction TRUP Common Stock Tax liability $7,430 -360 -2.1% $20.64 17,027 25 May 2023 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 -103 -25% $0.000000 311 25 May 2023 Common Stock 103 Direct F1, F3
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -800 -13% $0.000000 5,599 25 May 2023 Common Stock 800 Direct F1, F4
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -23 -13% $0.000000 159 25 May 2023 Common Stock 23 Direct F1, F5
transaction TRUP Restricted Stock Unit (RSU) Options Exercise $0 -1,481 -8.3% $0.000000 16,299 25 May 2023 Common Stock 1,481 Direct F1, F6
* 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 April 3, 2020, the reporting person was granted 1,657 restricted stock units (RSUs). The RSUs vested and converted into common stock of the Issuer as to 1/4th of the total shares on February 25, 2021, after which 1/16th of the total shares vest quarterly, subject to continued service through each vest date.
F4 On February 22, 2021, the reporting person was granted 12,798 restricted stock units (RSUs). The RSUs vested and converted into common stock of the Issuer as to 1/4th of the total shares on February 25, 2022, after which 1/16th of the total shares vest quarterly, subject to continued service through each vest date.
F5 On February 22, 2021, the reporting person was granted 363 restricted stock units (RSUs). The RSUs vested and converted into common stock of the Issuer as to 1/4th of the total shares on February 25, 2022, after which 1/16th of the total shares vest quarterly, subject to continued service through each vest date.
F6 On February 28, 2022, the reporting person was granted 23,707 restricted stock units (RSUs). The RSUs vested and converted into common stock of the Issuer as to 1/4th of the total shares on February 25, 2023, after which 1/16th of the total shares vest quarterly, subject to continued service through each vest date.