TRUPANION, INC. — Director's Dealing 2020

Dec 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRUPANION, INC. (TRUP)
CIK: 0001371285
Period of Report: 2020-11-30

Reporting Person: BEARMAN ASHER (Chief Strategy Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-30	Common Stock	S	2345	$101.0243	Disposed	3787	Direct
2020-11-30	Common Stock	S	1573	$98.7174	Disposed	2214	Direct
2020-11-30	Common Stock	M	12655	$4.77	Acquired	14869	Direct
2020-11-30	Common Stock	S	12655	$100.5278	Disposed	2214	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-30	Stock Option (right to buy)	$4.77	M	12655	Disposed	2023-08-02	Common Stock (12655.0)	Direct

Footnotes

F1: The sales reported were effected in order to allow the reporting person to enter into a real estate purchase.

F2: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.00 to $101.065 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2).

F3: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.665 to $99.15 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (3).

F4: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.84 to $101.48 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (4).

F5: This stock option grant is fully vested.