Gregory H.A. Baxter - May 8, 2024 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, 2024
Transactions value $
$37,404
Form type
4
Date filed
5/10/2024, 06:19 PM
Previous filing
May 10, 2023
Next filing
Aug 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPB Common Stock Award $80K +2.42K +6.08% $33.13 42.1K May 8, 2024 Direct F3
transaction TPB Common Stock Tax liability -$42.6K -1.29K -3.05% $33.13 40.9K May 8, 2024 Direct F4

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, 2024 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 2,415 restricted stock units under Turning Point Brands, Inc,'s 2021 Equity Incentive Plan. The total reported in Column 5 includes the newly awarded 2,415 restricted stock units and 39,732 shares of common stock.
F4 The reported transaction involves shares withheld for the payment of taxes related to restricted stock units that have vested on 5/8/2024.