(TCX)

Role: 10%+ Owner
Signature: Blacksheep Master Fund Ltd, By: Blacksheep Fund Management Limited, By: /s/ Alexis Fortune, Chief Executive Officer
Stock symbol: TCX
Transactions as of: May 19, 2022
Transactions value $: $133,893
Form type: 4
Date filed: 12/20/2022, 04:23 PM
Previous filing: Dec 20, 2022
Next filing: Jan 23, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TCX	Common Stock	Purchase	$757K	+16.2K	+1.41%	$46.84	1.16M	May 19, 2022	Direct	F1
transaction	TCX	Common Stock	Sale	-$202K	-4.32K	-0.37%	$46.67	1.16M	Oct 24, 2022	Direct	F1
transaction	TCX	Common Stock	Sale	-$145K	-3.2K	-0.28%	$45.17	1.15M	Oct 26, 2022	Direct	F1
transaction	TCX	Common Stock	Sale	-$49.5K	-1.1K	-0.1%	$45.03	1.15M	Oct 28, 2022	Direct	F1
transaction	TCX	Common Stock	Sale	-$112K	-2.49K	-0.22%	$45.04	1.15M	Oct 31, 2022	Direct	F1
transaction	TCX	Common Stock	Sale	-$62.7K	-1.39K	-0.12%	$45.14	1.15M	Nov 1, 2022	Direct	F1
transaction	TCX	Common Stock	Sale	-$52K	-1.25K	-0.11%	$41.50	1.15M	Nov 4, 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The securities are owned directly by Blacksheep Master Fund Ltd. and may be deemed to be indirectly beneficially owned by (i) Blacksheep Fund Management Limited, the investment manager to Blacksheep Master Fund Ltd., (ii) Herdwick Capital Ltd., the parent company of Blacksheep Fund Management Limited, and (ii) Alexis Fortune, the controlling person of Herdwick Capital Ltd.

Remarks:

Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 3 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.