Graham Purdy - Apr 1, 2024 Form 4 Insider Report for Turning Point Brands, Inc. (TPB)

Role
President and CEO, Director
Signature
/s/ Graham Purdy
Stock symbol
TPB
Transactions as of
Apr 1, 2024
Transactions value $
-$64,996
Form type
4
Date filed
4/3/2024, 06:12 PM
Previous filing
Mar 5, 2024
Next filing
Aug 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPB Common Stock Tax liability -$65K -2.23K -1.06% $29.12 208K Apr 1, 2024 Direct F11, F12

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 12K Apr 1, 2024 Common Stock 12K $30.46 Direct F2, F10
holding TPB Options 9K Apr 1, 2024 Common Stock 9K $51.75 Direct F4, F9
holding TPB Options 11K Apr 1, 2024 Common Stock 11K $14.85 Direct F4, F8
holding TPB Options 5.5K Apr 1, 2024 Common Stock 5.5K $47.58 Direct F4, F7
holding TPB Options 8.9K Apr 1, 2024 Common Stock 8.9K $21.21 Direct F4, F6
holding TPB Options 5K Apr 1, 2024 Common Stock 5K $15.41 Direct F4, F5
holding TPB Options 5.22K Apr 1, 2024 Common Stock 5.22K $3.83 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Granted pursuant to the issuer's 2006 Equity Plan
F2 Granted pursuant to the issuer's 2021 Equity Incentive Plan.
F3 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.
F4 Granted pursuant to the issuer's 2015 Equity Incentive Plan.
F5 The options vest and become exercisable as to 34% of the underlying shares on January 1, 2018, 33% of the underlying shares on January 1, 2019 and 33% of the underlying shares on January 1, 2020.
F6 The options vest and become exercisable as to 34% of the underlying shares on January 1, 2019, 33% of the underlying shares on January 1, 2020 and 33% of the underlying shares on January 1, 2021.
F7 The options vest and become exercisable as to 34% of the underlying shares on January 1, 2020, 33% of the underlying shares on January 1, 2021 and 33% of the underlying shares on January 1, 2022.
F8 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.
F9 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.
F10 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.
F11 The reported transaction involves shares withheld for the payment of taxes related to restricted stock units that have vested on 4/1/2024.
F12 The total reported in Column 5 includes 42,922 restricted stock units and 164,910 shares of common stock.