Lorenzo De Plano - Mar 11, 2024 Form 3 Insider Report for Turning Point Brands, Inc. (TPB)

Role: Chief Strategy Officer
Signature: /s/ Lorenzo De Plano
Stock symbol: TPB
Transactions as of: Mar 11, 2024
Transactions value $: $0
Form type: 3
Date filed: 3/13/2024, 09:42 PM
Next filing: Mar 18, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	TPB	Common Stock						16.3K	Mar 11, 2024	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
holding	TPB	Options (2020)							Mar 11, 2024	Common Stock	1.39K	$14.85	Direct	F2
holding	TPB	Options (2021)							Mar 11, 2024	Common Stock	2.1K	$51.75	Direct	F3
holding	TPB	Options (2022)							Mar 11, 2024	Common Stock	2.5K	$30.46	Direct	F4

* 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 2 includes 8,523 RSUs and 7,809 shares of Common Stock
F2	Options granted under the Turning Point Brands, Inc. 2015 Equity Incentive Plan. The options vest and become exercisable as to 34% of the underlying shares on January 1, 2021, 33% of the underlying shares on January 1, 2022 and 33% of the underlying shares on January 1, 2023.
F3	Options granted under the Turning Point Brands, Inc. 2015 Equity Incentive Plan. The options vest and become exercisable as to 34% of the underlying shares on January 1, 2022, 33% of the underlying shares on January 1, 2023 and 33% of the underlying shares on January 1, 2024.
F4	Options granted under the Turning Point Brands, Inc. 2021 Equity Incentive Plan. The options vest and become exercisable as to 34% of the underlying shares on January 1, 2023, 33% of the underlying shares on January 1, 2024 and 33% of the underlying shares on January 1, 2025.