TRUPANION, INC. — Director's Dealing 2021

Dec 31, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRUPANION, INC. (TRUP)
CIK: 0001371285
Period of Report: 2021-11-25

Reporting Person: Tooth Margaret (Co-President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-25	Common Stock	M	1219	—	Acquired	18913	Direct
2021-11-25	Common Stock	F	480	$125.2323	Disposed	18433	Direct
2021-12-28	Common Stock	S	350	$137	Disposed	18083	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-25	Restricted Stock Unit (RSU)	$	M	1219	Disposed	2022-02-25	Common Stock (1219.0)	Direct

Footnotes

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: The exercise and sale reported were effected pursuant to a Rule 10b5-1 trading plan adopted by reporting person on May 28, 2021, in order to implement a plan of financial diversification. Accordingly, the reporting person had no discretion with regard to the timing of the transaction.

F4: The RSU vests and will convert to common stock of the Issuer as to 1/4th of the total shares on February 25, 2019, after which 1/16th of the total shares vest quarterly, subject to continued service through each vesting date.