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TUCOWS INC /PA/ Director's Dealing 2010

May 17, 2010

33701_dirs_2010-05-17_e6a1e89e-d554-4422-bc7e-47dd3ff3747f.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TUCOWS INC /PA/ (TCX)
CIK: 0000909494
Period of Report: 2010-05-17

Reporting Person: NOSS ELLIOT (Director, Chief Executive Officer)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-05-17 Stock Options (Right to Buy) $0.70 A 128000 Acquired 2017-05-16 Common Stock (128000) Direct

Footnotes

F1: 25% of the granted options are exercisable on the first anniversary of the date of grant and thereafter at 25% per year, becoming fully exercisable on the fourth anniversary of the date of grant.