TRUPANION, INC. — Director's Dealing 2020

Apr 14, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRUPANION, INC. (TRUP)
CIK: 0001371285
Period of Report: 2020-04-09

Reporting Person: Friedman Gavin (Chief People Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-04-09	Common Stock	M	6000	$16.32	Acquired	8457	Direct
2020-04-09	Common Stock	S	6000	$30.002	Disposed	2457	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-04-09	Stock Option (right to buy)	$16.32	M	6000	Disposed	2026-09-19	Common Stock (6000.0)	Direct

Footnotes

F1: The exercise and sale reported were 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, thereporting person had no discretion with regard to the timing of the transaction.

F2: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.00 to $30.115 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 option vested as to 25% of the total shares on September 12, 2017, and then 2.0833% of the total shares vested monthly thereafter, with 100% of the total shares vested and exercisable on September 12,2020, subject to continued service through each vesting date.