Gregory H.A. Baxter - May 8, 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 8, 2023
Transactions value $
$70,012
Form type
4
Date filed
5/10/2023, 09:10 PM
Previous filing
May 3, 2023
Next filing
May 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPB Common Stock Award $70K +3.22K +8.81% $21.77 39.7K May 8, 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) 14.3K May 8, 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 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.