TUCOWS INC /PA/ — Director's Dealing 2017

Jun 26, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TUCOWS INC /PA/ (TCX)
CIK: 0000909494
Period of Report: 2017-06-22

Reporting Person: Karp Allen (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-06-22	Common Stock	S	1900	$59.92	Disposed	8238	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5000	Indirect

Footnotes

F1: These shares were sold on the TSX and the price reported in Column 4 is derived from a weighed average price of $79.34 CAD. The Bank of Canada rate for June 22, 2017 was 1.3421 giving a USD price of $59.92. These shares were sold in multiple transactions. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.