Lawrence Wexler - 04 Jun 2025 Form 4 Insider Report for Turning Point Brands, Inc. (TPB)

Role
Director
Signature
/s/ Lawrence Wexler
Issuer symbol
TPB
Transactions as of
04 Jun 2025
Net transactions value
-$1,119,150
Form type
4
Filing time
05 Jun 2025, 17:56:09 UTC
Previous filing
09 May 2025
Next filing
18 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 04 Jun 2025 0001660246

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPB Common Stock Sale $1,119,150 -15,000 -4.1% $74.61 355,186 04 Jun 2025 Direct F7, F8

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 04 Jun 2025 Common Stock 15,900 $51.75 Direct F3, F6
holding TPB Options 20,000 04 Jun 2025 Common Stock 20,000 $14.85 Direct F3, F5
holding TPB Options 35,500 04 Jun 2025 Common Stock 35,500 $47.58 Direct F3, F4
holding TPB Options 26,500 04 Jun 2025 Common Stock 26,500 $21.21 Direct F2, F3
holding TPB Options 16,819 04 Jun 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 $74.21 to $75.00.
F8 The total reported in Column 5 includes 3,352 restricted stock units and 351,834 shares of common stock