Lawrence Wexler - 08 May 2025 Form 4 Insider Report for Turning Point Brands, Inc. (TPB)

Role
Director
Signature
/s/ Lawrence Wexler
Issuer symbol
TPB
Transactions as of
08 May 2025
Net transactions value
-$770,215
Form type
4
Filing time
09 May 2025, 18:27:42 UTC
Previous filing
05 Mar 2025
Next filing
05 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Wexler Lawrence Director 5201 INTERCHANGE WAY, LOUISVILLE /s/ Lawrence Wexler 09 May 2025 0001660246

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPB Common Stock Sale $765,600 -10,000 -2.6% $76.56 370,247 08 May 2025 Direct F7, F8
transaction TPB Common Stock Award $80,048 +1,058 +0.29% $75.66 371,305 08 May 2025 Direct F9
transaction TPB Common Stock Tax liability $84,664 -1,119 -0.3% $75.66 370,186 08 May 2025 Direct 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 15,900 08 May 2025 Common Stock 15,900 $51.75 Direct F3, F6
holding TPB Options 20,000 08 May 2025 Common Stock 20,000 $14.85 Direct F3, F5
holding TPB Options 35,500 08 May 2025 Common Stock 35,500 $47.58 Direct F3, F4
holding TPB Options 26,500 08 May 2025 Common Stock 26,500 $21.21 Direct F2, F3
holding TPB Options 16,819 08 May 2025 Common Stock 16,819 $15.41 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 Granted pursuant to the issuer's 2015 Equity Incentive Plan.
F4 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.
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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.02 to $78.24.
F8 The total reported in Column 5 includes 4,709 restricted stock units and 365,538 shares of common stock
F9 The reported transaction involved the reporting person's receipt of a grant of 1,058 restricted stock units under Turning Point Brands, Inc,'s 2021 Equity Incentive Plan. The total reported in Column 5 includes 5,767 restricted stock units and 365,538 shares of common stock.
F10 The reported transaction involves shares withheld for the payment of taxes related to restricted stock units that have vested on 5/8/2025. The total reported in Column 5 includes 3,352 restricted stock units and 366,834 shares of common stock