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TUCOWS INC /PA/ Director's Dealing 2017

May 17, 2017

33701_dirs_2017-05-17_259baae7-50ab-405f-ac13-67a85ad23f3f.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: 2017-05-16

Reporting Person: Goldstein Michael (VP Marketing)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-05-16 Common Stock S 4163 $56.83 Disposed 0 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 3018 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 $77.27 CAD. The Bank of Canada rate for May 16, 2017 was 1.3596 giving a USD price of $56.83. These shares were sold in multiple transactions at prices ranging from CAD 77.18 to CAD 77.34. 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.