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TUCOWS INC /PA/ — Director's Dealing 2021
Feb 16, 2021
33701_dirs_2021-02-16_0ed9e505-389b-4c5a-8a43-7b65021dbca4.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: 2021-02-12
Reporting Person: Reilly Justin (CPO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-12 | Common Stock | M | 7250 | $55.19 | Acquired | 7250 | Direct |
| 2021-02-12 | Common Stock | F | 5531 | $81.62 | Disposed | 1719 | Direct |
| 2021-02-12 | Common Stock | S | 1719 | $82.03 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-12 | Stock Option (Right to Buy) | $55.19 | M | 5000 | Disposed | 2026-09-15 | Common Stock (5000) | Direct |
| 2021-02-12 | Stock Option (Right to Buy) | $55.19 | M | 2250 | Disposed | 2026-09-15 | Common Stock (2250) | 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.
F2: Stock options granted under the 2006 Equity Compensation Plan vest in four (4) equal installments of 25% each beginning on the first anniversary of the grant date.
F3: The sale price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $81.70 to $82.51. 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.