TRUPANION, INC. — Director's Dealing 2022

Apr 15, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRUPANION, INC. (TRUP)
CIK: 0001371285
Period of Report: 2022-04-12

Reporting Person: RAWLINGS DARRYL (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-04-12	Common Stock	M	4000	$14.95	Acquired	561350	Direct
2022-04-13	Common Stock	S	4000	$84.8607	Disposed	853109	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-04-12	Stock Option (right to buy)	$14.95	M	4000	Disposed	2026-08-08	Common Stock (4000.0)	Direct

Footnotes

F1: The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by Kuyashii Primary Equities LLC, a limited liability company indirectly, wholly-owned by the reporting person and reporting person's spouse, on November 8, 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. In aggregate, the reporting person's plan is Rule 10b5-1 trading plan is part of a diversification strategy on the part of the reporting person to diversify up to 25% of the reporting person's holdings as of the date of the Company's initial public offering in July 2014 from the inception of the Rule 10b5-1 trading plan through 2025.

F2: The option vested as to 25% of the total shares on August 8, 2017, and then 2.0833% of the total shares vested monthly thereafter, with 100% of the total shares vested and exercisable on August 8, 2020.