Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Maveron General Partner III LLC
  2. Issuer Name and Ticker or Trading Symbol
TRUPANION INC. [TRUP]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
411 FIRST AVE. S., SUITE 600
3. Date of Earliest Transaction (Month/Day/Year)
07/23/2014
(Street)

SEATTLE, WA 98104
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/23/2014   C   3,673,730 A (1) 3,799,961 I By Maveron Equity Partners III, L.P. (2)
Common Stock 07/23/2014   C   1,210,920 A (3) 5,010,881 I By Maveron Equity Partners III, L.P. (2)
Common Stock 07/23/2014   C   545,165 A (4) 5,556,046 I By Maveron Equity Partners III, L.P. (2)
Common Stock 07/23/2014   C   155,880 A (1) 161,236 I By Maveron III Entrepreneurs? Fund L.P. (5)
Common Stock 07/23/2014   C   51,364 A (3) 212,600 I By Maveron III Entrepreneurs? Fund L.P. (5)
Common Stock 07/23/2014   C   23,131 A (4) 235,731 I By Maveron III Entrepreneurs? Fund L.P. (5)
Common Stock 07/23/2014   C   503,720 A (1) 521,027 I By MEP Associates III, L.P. (6)
Common Stock 07/23/2014   C   166,032 A (3) 687,059 I By MEP Associates III, L.P. (6)
Common Stock 07/23/2014   C   74,750 A (4) 761,809 I By MEP Associates III, L.P. (6)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Series A Convertible Preferred Stock (1) 07/23/2014   C     3,673,730   (1)   (1) Common Stock 3,673,730 $ 0 0 I By Maveron Equity Partners III, L.P. (2)
Series A Convertible Preferred Stock (1) 07/23/2014   C     155,880   (1)   (1) Common Stock 155,880 $ 0 0 I By Maveron III Entrepreneurs? Fund L.P. (5)
Series A Convertible Preferred Stock (1) 07/23/2014   C     503,720   (1)   (1) Common Stock 503,720 $ 0 0 I By MEP Associates III, L.P. (6)
Series B Convertible Preferred Stock (3) 07/23/2014   C     1,210,920   (3)   (3) Common Stock 1,210,920 $ 0 0 I By Maveron Equity Partners III, L.P. (2)
Series B Convertible Preferred Stock (3) 07/23/2014   C     51,364   (3)   (3) Common Stock 51,364 $ 0 0 I By Maveron III Entrepreneurs? Fund L.P. (5)
Series B Convertible Preferred Stock (3) 07/23/2014   C     166,032   (3)   (3) Common Stock 166,032 $ 0 0 I By MEP Associates III, L.P. (6)
Series C Convertible Preferred Stock (4) 07/23/2014   C     545,165   (4)   (4) Common Stock 545,165 $ 0 0 I By Maveron Equity Partners III, L.P. (2)
Series C Convertible Preferred Stock (4) 07/23/2014   C     23,131   (4)   (4) Common Stock 23,131 $ 0 0 I By Maveron III Entrepreneurs? Fund L.P. (5)
Series C Convertible Preferred Stock (4) 07/23/2014   C     74,750   (4)   (4) Common Stock 74,750 $ 0 0 I By MEP Associates III, L.P. (6)

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Maveron General Partner III LLC
411 FIRST AVE. S.
SUITE 600
SEATTLE, WA 98104
    X    
Maveron Equity Partners III, L.P.
411 FIRST AVE. S.
SUITE 600
SEATTLE, WA 98104
    X    
Maveron III Entrepreneurs Fund, L.P.
411 FIRST AVE. S.
SUITE 600
SEATTLE, WA 98104
    X    
MEP Associates III, L.P.
411 FIRST AVE. S.
SUITE 600
SEATTLE, WA 98104
    X    

Signatures

 Pete McCormick, a managing member of Maveron General Partner III LLC   07/23/2014
**Signature of Reporting Person Date

 Pete McCormick, a managing member of Maveron General Partners III LLC, the general partner of Maveron Equity Partner III, L.P.   07/23/2014
**Signature of Reporting Person Date

 Pete McCormick, a managing member of Maveron General Partner III LLC, the general partner of Maveron III Entrepreneurs' Fund L.P.   07/23/2014
**Signature of Reporting Person Date

 Pete McCormick, a managing member of Maveron General Partner III LLC, the general partner of MEP Associates III, L.P.   07/23/2014
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Each share of the issuer's Series A Convertible Preferred Stock automatically converted into 1 share of the issuer's Common Stock on July 23, 2014 in connection with the closing of the issuer's sale of its Common Stock in its firm commitment initial public offering (the "IPO") pursuant to a registration statement on Form S-1 (File No. 333-196814) under the Securities Act of 1933, as amended (the "Registration Statement"), and had no expiration date.
(2) Maveron General Partner III LLC ("Maveron LLC"), which is the general partner of Maveron Equity Partners III, L.P. ("Maveron Equity"), has sole voting and investment power over the securities held by Maveron Equity. Maveron LLC disclaims beneficial ownership over such securities except to the extent of its pecuniary interest therein. In addition, Dan Levitan, who is a Director of the issuer, and certain other individuals are managing members of Maveron LLC and may be deemed to share voting and investment power over the shares held of record by Maveron Equity. Each of such individuals disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
(3) Each share of the issuer's Series B Convertible Preferred Stock automatically converted into 1 share of the issuer's Common Stock on July 23, 2014 in connection with the closing of the issuer's sale of its Common Stock in its IPO pursuant to the Registration Statement, and had no expiration date.
(4) Each share of the issuer's Series C Convertible Preferred Stock automatically converted into 1 share of the issuer's Common Stock on July 23, 2014 in connection with the closing of the issuer's sale of its Common Stock in its IPO pursuant to the Registration Statement, and had no expiration date.
(5) Maveron LLC, which is the general partner of Maveron III Entrepreneurs' Fund L.P. ("Maveron Entrepreneurs"), has sole voting and investment power over the securities held by Maveron Entrepreneurs. Maveron LLC disclaims beneficial ownership over such securities except to the extent of its pecuniary interest therein. In addition, Dan Levitan, who is a Director of the issuer, and certain other individuals are managing members of Maveron LLC and may be deemed to share voting and investment power over the shares held of record by Maveron Entrepreneurs. Each of such individuals disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
(6) Maveron LLC, which is the general partner of MEP Associates III, L.P. ("MEP"), has sole voting and investment power over the securities held by MEP. Maveron LLC disclaims beneficial ownership over such securities except to the extent of its pecuniary interest therein. In addition, Dan Levitan, who is a Director of the issuer, and certain other individuals are managing members of Maveron LLC and may be deemed to share voting and investment power over the shares held of record by MEP. Each of such individuals disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

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