David Glazek - May 5, 2023 Form 4 Insider Report for Turning Point Brands, Inc. (TPB)

Role
Executive Chairman, Director
Signature
/s/ David Glazek
Stock symbol
TPB
Transactions as of
May 5, 2023
Transactions value $
$890,000
Form type
4
Date filed
5/9/2023, 09:19 PM
Previous filing
Mar 17, 2022
Next filing
May 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPB Common Stock Award $890K +40K +166.85% $22.25 64K May 5, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents grant of restricted stock units ("RSUs") pursuant to the issuer's 2021 Equity Incentive Plan. 22,472 RSUs vest 25% on the last day of each calendar quarter of 2023 and 17,528 RSUs will vest 33% on the first, second and third anniversaries of March 31, 2023.
F2 RSUs convert into shares of Common Stock on a 1-for-1 basis.
F3 The total reported in Column 5 includes 40,000 RSUs and 23,973 shares of Common Stock