Gregory H.A. Baxter - 08 May 2023 Form 4 Insider Report for Turning Point Brands, Inc. (TPB)

Role
Director
Signature
/s/ Gregory H.A. Baxter
Issuer symbol
TPB
Transactions as of
08 May 2023
Net transactions value
+$70,012
Form type
4
Filing time
10 May 2023, 21:10:26 UTC
Previous filing
03 May 2023
Next filing
10 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPB Common Stock Award $70,012 +3,216 +8.8% $21.77 39,732 08 May 2023 Direct F3

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) 14,344 08 May 2023 Common Stock 14,344 $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 involved the reporting person's receipt of a grant of 3,216 restricted stock units under Turning Point Brands, Inc,'s 2021 Equity Incentive Plan. The total reported in Column 5 includes the newly 3,216 awarded restricted stock units and 36,516 shares of common stock.