RALLS RAWLEIGH HAZEN IV exercised options at TUCOWS INC /PA/

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 4 exercises

RALLS RAWLEIGH HAZEN IV

Filed: 9/9/2021ACC: 0001437749-21-021772

InsiderRALLS RAWLEIGH HAZEN IVCIK 1368565

→

IssuerTUCOWS INC /PA/CIK 909494

Director

Since Jul 2018

-11.30K

Net shares

Net seller

$877.0K

Total sold

Open market trades

0B · 0S

Total transactions

15K acquired · 26.30K disposed

Non-Derivative Transactions5

Common Stock

Direct

M · Option Exercise

+3.75K

Price / share

$53.55

Trade value

$200.81K

% of position

165.9%

9/9/2021

2.26K→6.01K

Common Stock

Direct

M · Option Exercise

+3.75K

Price / share

$57.95

Trade value

$217.31K

% of position

62.4%

9/9/2021

6.01K→9.76K

Common Stock

Direct

M · Option Exercise

+3.75K

Price / share

$53.93

Trade value

$202.24K

% of position

38.4%

9/9/2021

9.76K→13.51K

Common Stock

Direct

M · Option Exercise

+3.75K

Price / share

$68.41

Trade value

$256.54K

% of position

27.8%

9/9/2021

13.51K→17.26K

Common Stock

Direct

F · Tax Withholding

−11.30K

Price / share

$77.60

Trade value

$876.96K

% of position

65.5%

9/9/2021

17.26K→5.96K

Total

Net shares

+3.70K

Net value

-$57.60

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	9/9/2021	M · Option Exercise	+3.75K	$53.55	$200.81K	165.9%	2.26K	6.01K
Common Stock Direct	9/9/2021	M · Option Exercise	+3.75K	$57.95	$217.31K	62.4%	6.01K	9.76K
Common Stock Direct	9/9/2021	M · Option Exercise	+3.75K	$53.93	$202.24K	38.4%	9.76K	13.51K
Common Stock Direct	9/9/2021	M · Option Exercise	+3.75K	$68.41	$256.54K	27.8%	13.51K	17.26K
Common Stock Direct	9/9/2021	F · Tax Withholding	−11.30K	$77.60	$876.96K	65.5%	17.26K	5.96K
Total			+3.70K		-$57.60

Derivative Transactions4

Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

3.75K shares

−3.75K

Strike price

53.55

Held after

0.00

Exercisable

—

9/9/2021

Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

3.75K shares

−3.75K

Strike price

57.95

Held after

0.00

Exercisable

—

9/9/2021

Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

3.75K shares

−3.75K

Strike price

53.93

Held after

0.00

Exercisable

—

9/9/2021

Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

3.75K shares

−3.75K

Strike price

68.41

Held after

0.00

Exercisable

—

9/9/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable
Stock Option (Right to Buy) Direct	Common Stock3.75K shares	9/9/2021	M · Option Exercise	−3.75K	53.55	—
Stock Option (Right to Buy) Direct	Common Stock3.75K shares	9/9/2021	M · Option Exercise	−3.75K	57.95	—
Stock Option (Right to Buy) Direct	Common Stock3.75K shares	9/9/2021	M · Option Exercise	−3.75K	53.93	—
Stock Option (Right to Buy) Direct	Common Stock3.75K shares	9/9/2021	M · Option Exercise	−3.75K	68.41	—