TUCOWS INC /PA/ — Director's Dealing 2017

Mar 23, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TUCOWS INC /PA/ (TCX)
CIK: 0000909494
Period of Report: 2017-03-21

Reporting Person: COOPERMAN MICHAEL (CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-21	Common Stock	S	7500	$49.23	Disposed	189187	Direct
2017-03-22	Common Stock	S	21719	$47.63	Disposed	167468	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	37188	Indirect

Footnotes

F1: These shares were sold over several transactions with a weighted average of $49.23. Individual sale prices are available upon request.

F2: These shares were sold over several transactions with a weighted average of $47.63. Individual sale prices are available upon request.