TUCOWS INC /PA/ — Director's Dealing 2018

Dec 17, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TUCOWS INC /PA/ (TCX)
CIK: 0000909494
Period of Report: 2018-12-14

Reporting Person: Karp Allen (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-12-14	Common Stock	S	5000	$63.92	Disposed	10578	Indirect
2018-12-14	Common Stock	S	2000	$64	Disposed	3000	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 $85.52 CAD. The Bank of Canada rate for December 14, 2018 was 1.3379 giving a USD price of $63.92. These shares were sold in multiple transactions at prices ranging from CAD 85.30 to CAD 85.67. 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.