TUCOWS INC /PA/ — Director's Dealing 2014

Feb 27, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TUCOWS INC /PA/ (TCX)
CIK: 0000909494
Period of Report: 2014-02-25

Reporting Person: Ito Joichi (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-25	Common Stock	M	5000	$2.24	Acquired	20000	Direct
2014-02-25	Common Stock	M	5000	$2.48	Acquired	25000	Direct
2014-02-25	Common Stock	M	5000	$3	Acquired	30000	Direct
2014-02-25	Common Stock	M	5000	$5.52	Acquired	35000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-25	Stock Option (Right to Buy)	$2.24	M	5000	Disposed	2014-09-08	Common Stock (5000)	Direct
2014-02-25	Stock Option (Right to Buy)	$2.48	M	5000	Disposed	2015-09-07	Common Stock (5000)	Direct
2014-02-25	Stock Option (Right to Buy)	$3	M	5000	Disposed	2016-09-05	Common Stock (5000)	Direct
2014-02-25	Stock Option (Right to Buy)	$5.52	M	5000	Disposed	2017-09-10	Common Stock (5000)	Direct