TRUPANION, INC. (NASDAQ:TRUP) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

TRUPANION, INC. (NASDAQ:TRUP) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Contemporary Arrangements of Certain Officers.

On April 9, 2017, the Compensation Committee of the Board of Directors of Trupanion, Inc. (the “Company”) approved changes to the compensation of certain Company officers, including Darryl Rawlings, the Company’s President and Chief Executive Officer. Effective April 1, 2017, Mr. Rawlings’ target bonus percentage was decreased from 50% to 20%.

About TRUPANION, INC. (NASDAQ:TRUP)

Trupanion, Inc. provides a medical insurance plan for cats and dogs across the United States, Canada and Puerto Rico. The Company operates through two segments: subscription business and other business. The subscription business segment includes monthly subscriptions related to the Company’s medical plan, which are marketed directly to consumers. The other business segment includes all other businesses that are not directly marketed to consumers. The Company’s medical plan pays approximately 90% of actual veterinary costs for accident and illness claims, has no payout limitations, and can be used to cover the costs incurred at any veterinary practice, emergency care center or specialty hospital in the United States, Canada and Puerto Rico. The Company’s software solution, Trupanion Express, integrates with veterinarians’ practice management software. Trupanion Express facilitates the Company’s ability to pay veterinarians’ invoices directly to the veterinarian at the time of service.

TRUPANION, INC. (NASDAQ:TRUP) Recent Trading Information

TRUPANION, INC. (NASDAQ:TRUP) closed its last trading session down -0.19 at 14.46 with 46,245 shares trading hands.

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