SEC Form 4 · accession 0001371285-15-000077
TRUPANION, INC. · TRUP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Craig Susen
Officer — Chief Technology Officer
Period of report
Nov 27, 2015
Accepted (ET)
Dec 1, 2015 · 7:51 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001371285
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 27, 2015 | M | 2,657 | $4.05 | A | 3,657 | I | By wife |
| Common Stock | Nov 27, 2015 | S | 2,657 | $8.1318 | D | 1,000 | I | By wife |
| Common Stock | Nov 30, 2015 | M | 49,365 | $4.05 | A | 50,365 | I | By wife |
| Common StockF2 | Nov 30, 2015 | S | 49,365 | $8.1949 | D | 1,000 | I | By wife |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $4.05 | Nov 27, 2015 | M | 2,657 | D | — | Feb 4, 2023 | Common Stock | 2,657 | 49,365 | I |
| Stock Option (right to buy)F3 | $4.05 | Nov 30, 2015 | M | 49,365 | D | — | Feb 4, 2023 | Common Stock | 49,365 | 0 | I |
| Stock Option (right to buy)F3 | $4.05 | holding | — | — | — | — | Feb 4, 2023 | Common Stock | 40,000 | 40,000 | D |
Explanation of responses
- F1Includes 1,000 shares previously held by the Reporting Person's wife.
- F2The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.1531 to $8.2953 per share, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2).
- F3The option vested as to 25% of the total shares on October 1, 2013, and then 2.0833% of the total shares vest monthly thereafter, with 100% of the total shares vested and exercisable on October 1, 2016, subject to the individual's provision of service to the issuer on each vesting date.