TRUPANION, INC. — Director's Dealing 2020

Oct 2, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRUPANION, INC. (TRUP)
CIK: 0001371285
Period of Report: 2020-09-30

Reporting Person: LOW MURRAY B (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-09-30	Common Stock	M	836	—	Acquired	169337	Direct
2020-10-01	Common Stock	S	2000	$79.69	Disposed	167337	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-09-30	Restricted Stock Unit (RSU)	$	M	836	Disposed		Common Stock (836.0)	Direct

Footnotes

F1: Restricted stock units convert into common stock on a one-for-one basis.

F2: The sale reported is effected pursuant to a Rule 10b5-1 trading plan adopted by reporting person on February 18, 2020, in order to implement a plan of financial diversification. Accordingly, the reporting person had no discretion with regard to the timing of the transaction.

F3: On April 17, 2020, the Reporting Person was granted 3,344 restricted stock units, of which 25% became immediately vested. The remaining RSUs vest and will convert to common stock of the Issuer as to 1/4th of the total shares on each of June 30, 2020, September 30, 2020, and December 31, 2020, subject to continued service through each vesting date.