David Edward Glazek - Mar 11, 2024 Form 4 Insider Report for Turning Point Brands, Inc. (TPB)

Role
Executive Chairman, Director
Signature
/s/ David Glazek
Stock symbol
TPB
Transactions as of
Mar 11, 2024
Transactions value $
$499,997
Form type
4
Date filed
3/13/2024, 06:31 PM
Previous filing
Mar 5, 2024
Next filing
Mar 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPB Common Stock Award $500K +18.4K +21.18% $27.19 105K Mar 11, 2024 Direct F3, F4, F5

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 +54.3K $0.00 54.3K Mar 11, 2024 Common Stock 54.3K $27.19 Direct F2
transaction TPB Options Award $0 +77.5K $0.00 77.5K May 12, 2023 Common Stock 77.5K $20.71 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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 2024 calendar year.
F3 Represents grant of restricted stock units ("RSUs") pursuant to the issuer's 2021 Equity Incentive Plan. The RSUs vest 25% on the last day of each calendar quarter of 2024.
F4 RSUs convert into shares of Common Stock on a 1-for-1 basis.
F5 The total reported in Column 5 includes 50,623 RSUs and 54,570 shares of Common Stock