TUCOWS INC /PA/ — Director's Dealing 2017

Aug 17, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TUCOWS INC /PA/ (TCX)
CIK: 0000909494
Period of Report: 2017-08-14

Reporting Person: Ralls Rawleigh Hazen IV (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-08-16	Common Stock	M	5000	$5.52	Acquired	25697	Direct
2017-08-16	Common Stock	F	518	$53.35	Disposed	25179	Direct
2017-08-16	Common Stock	M	2500	$4.48	Acquired	27679	Direct
2017-08-16	Common Stock	F	210	$53.35	Disposed	27469	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-08-16	Stock Option (Right to Buy)	$5.52	M	5000	Disposed	2017-09-10	Common Stock (5000)	Direct
2017-08-16	Stock Option (Right to Buy)	$4.48	M	2500	Disposed	2017-11-12	Common Stock (2500)	Direct

Footnotes

F1: Under the terms of the Issuer's stock incentive plan, these shares were withheld by the Issuer to cover the option exercise price and tax withholding obligations related to the net exercise of the above options.