Summer Frein - 13 Jun 2024 Form 4 Insider Report for Turning Point Brands, Inc. (TPB)

Role: Chief Revenue Officer
Signature: /s/ Summer Frein
Issuer symbol: TPB
Transactions as of: 13 Jun 2024
Net transactions value: +$69,970
Form type: 4
Filing time: 14 Jun 2024, 18:50:56 UTC
Previous filing: 03 Apr 2024
Next filing: 05 Mar 2025
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	$69,970	+2,260	+15%	$30.96	17,203	13 Jun 2024	Direct	F2

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						6,273	13 Jun 2024	Common Stock	6,273	$31.39	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 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.
F2	The total reported in Column 5 includes 12,221 RSUs and 4,982 shares of Common Stock.