Gregory H.A. Baxter - May 1, 2023 Form 4 Insider Report for Turning Point Brands, Inc. (TPB)

Role
Director
Signature
/s/ Gregory H.A. Baxter
Stock symbol
TPB
Transactions as of
May 1, 2023
Transactions value $
-$20,528
Form type
4
Date filed
5/3/2023, 08:43 PM
Previous filing
May 5, 2022
Next filing
May 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPB Common Stock Tax liability -$21.1K -892 -2.39% $23.65 36.5K May 1, 2023 Direct F3
transaction TPB Common Stock Award $568 +24 +0.07% $23.65 36.5K May 1, 2023 Direct F4

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
holding TPB Options (2014) 14.3K May 1, 2023 Common Stock 14.3K $3.83 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant pursuant to the Issuer's 2006 Equity Incentive Plan.
F2 The options vested and became exercisable as to 50% of the underlying shares on August 8, 2014, 25% of the underlying shares on August 8, 2015 and 25% of the underlying shares on August 8, 2016.
F3 The reported transaction involves shares withheld for the payment of taxes related to restricted stock units that have vested on 5/1/2023.
F4 The reported transaction involves shares received as dividends related to restricted stock units that have vested on 5/1/2023.