ELLIOT NOSS - 12 May 2021 Form 4 Insider Report for TUCOWS INC /PA/ (TCX)

Role: Chief Executive Officer, Director
Signature: /s/ Elliot Noss
Issuer symbol: TCX
Transactions as of: 12 May 2021
Transactions value $: $397,200
Form type: 4
Filing time: 14 May 2021, 10:21:27 UTC
Next filing: 01 Oct 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	TCX	Common Stock						534,326	12 May 2021	Direct
holding	TCX	Common Stock						114,670	12 May 2021	Per EN RRSP
holding	TCX	Common Stock						1,639	12 May 2021	Per EN TFSA
holding	TCX	Common Stock						6,000	12 May 2021	Per EN US Retirement Savings Account

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)	Award	$397,200	+5,000		$79.44	5,000	12 May 2021	Common Stock	5,000	$79.44	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 equal installments of 25% over four years beginning on the first anniversary of the grant date.