David Edward Glazek - 12 May 2023 Form 4 Insider Report for Turning Point Brands, Inc. (TPB)

Role: Executive Chairman, Director
Signature: /s/ David Glazek
Issuer symbol: TPB
Transactions as of: 12 May 2023
Net transactions value: +$104,579
Form type: 4
Filing time: 15 May 2023, 21:20:41 UTC
Previous filing: 09 May 2023
Next filing: 22 Aug 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TPB	Common Stock	Purchase	$104,579	+5,000	+7.8%	$20.92	68,973	15 May 2023	Direct	F1

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
transaction	TPB	Options	Award	$0	+77,519		$0.000000	77,519	12 May 2023	Common Stock	77,519	$20.71	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The total reported in Column 5 includes 40,000 RSUs and 28,973 shares of Common Stock.
F2	2. Options granted under the Turning Point Brands, Inc. 2021 Equity Incentive Plan. The options vest and become exercisable as to 25% of the underlying shares on the last day of each calendar quarter of the 2023 calendar year.