David Glazek - Dec 31, 2024 Form 4 Insider Report for Turning Point Brands, Inc. (TPB)

Signature
/s/ David Glazek
Stock symbol
TPB
Transactions as of
Dec 31, 2024
Transactions value $
-$152,774
Form type
4
Date filed
1/3/2025, 05:45 PM
Previous filing
Nov 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPB Common Stock Tax liability -$153K -2.54K -2.47% $60.10 100K Dec 31, 2024 Direct F3, 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
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 The reported transaction involves shares withheld for the payment of taxes related to restricted stock units that have vested on 12/31/2024.
F4 The total reported in Column 5 includes 26,275 RSUs and 73,975 shares of Common Stock