TUCOWS INC /PA/ — Director's Dealing 2011

Aug 16, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TUCOWS INC /PA/ (TCX)
CIK: 0000909494
Period of Report: 2011-08-15

Reporting Person: Woroch David John (Vice President Sales)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-08-15	Stock Option (Right to Buy)	$0.73	A	35000	Acquired	2018-08-14	Common Stock (35000)	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.