Brian Wigginton - 02 Jan 2025 Form 4 Insider Report for Turning Point Brands, Inc. (TPB)

Role
Sr VP Finance & CAO
Signature
/s/ Brian Wigginton
Issuer symbol
TPB
Transactions as of
02 Jan 2025
Net transactions value
-$9,219
Form type
4
Filing time
06 Jan 2025, 19:05:00 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 Tax liability $9,219 -152 -1.4% $60.65 10,831 02 Jan 2025 Direct F9, F10

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 2,500 02 Jan 2025 Common Stock 2,500 $30.46 Direct F7, F8
holding TPB Options 2,500 02 Jan 2025 Common Stock 2,500 $45.05 Direct F6, F7
holding TPB Options 1,750 02 Jan 2025 Common Stock 1,750 $51.75 Direct F1, F6
holding TPB Options 2,500 02 Jan 2025 Common Stock 2,500 $14.85 Direct F1, F5
holding TPB Options 400 02 Jan 2025 Common Stock 400 $47.58 Direct F1, F2
holding TPB Options 400 02 Jan 2025 Common Stock 400 $21.21 Direct F1, F3
holding TPB Options 750 02 Jan 2025 Common Stock 750 $15.41 Direct F1, F4
* 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 2015 Equity Incentive Plan
F2 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.
F3 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.
F4 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.
F5 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.
F6 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.
F7 Granted pursuant to the issuer's 2021 Equity Incentive Plan.
F8 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.
F9 The reported transaction involves shares withheld for the payment of taxes related to restricted stock units that have vested on 1/2/2025.
F10 The total reported in Column 5 includes 7,039 awarded restricted stock units and 3,792 shares of common stock.