Rawleigh Ralls - Sep 9, 2021 Form 4 Insider Report for TUCOWS INC /PA/ (TCX)

Role
Director
Signature
/s/ Rawleigh Ralls
Stock symbol
TCX
Transactions as of
Sep 9, 2021
Transactions value $
-$876,958
Form type
4
Date filed
9/9/2021, 12:19 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TCX Common Stock Options Exercise $201K +3.75K +165.86% $53.55 6.01K Sep 9, 2021 Direct
transaction TCX Common Stock Options Exercise $217K +3.75K +62.39% $57.95 9.76K Sep 9, 2021 Direct
transaction TCX Common Stock Options Exercise $202K +3.75K +38.42% $53.93 13.5K Sep 9, 2021 Direct
transaction TCX Common Stock Options Exercise $257K +3.75K +27.76% $68.41 17.3K Sep 9, 2021 Direct
transaction TCX Common Stock Tax liability -$877K -11.3K -65.47% $77.60 5.96K Sep 9, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TCX Stock Option (Right to Buy) Options Exercise -$201K -3.75K -100% $53.55 0 Sep 9, 2021 Common Stock 3.75K $53.55 Direct
transaction TCX Stock Option (Right to Buy) Options Exercise -$217K -3.75K -100% $57.95 0 Sep 9, 2021 Common Stock 3.75K $57.95 Direct
transaction TCX Stock Option (Right to Buy) Options Exercise -$202K -3.75K -100% $53.93 0 Sep 9, 2021 Common Stock 3.75K $53.93 Direct
transaction TCX Stock Option (Right to Buy) Options Exercise -$257K -3.75K -100% $68.41 0 Sep 9, 2021 Common Stock 3.75K $68.41 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Rawleigh Ralls is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
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.