Brian Wigginton - 17 May 2021 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
17 May 2021
Net transactions value
$0
Form type
4
Filing time
18 May 2021, 17:06:12 UTC
Next filing
16 Mar 2022
SEC
View on sec.gov

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 (2021) Award $0 +2,500 $0.000000 2,500 17 May 2021 Common Stock 2,500 $45.05 Direct F6, F7
holding TPB Options (2021) 1,750 17 May 2021 Common Stock 1,750 $51.75 Direct F1, F6
holding TPB Options (2020) 2,500 17 May 2021 Common Stock 2,500 $14.85 Direct F1, F5
holding TPB Options (2019) 400 17 May 2021 Common Stock 400 $47.58 Direct F1, F2
holding TPB Options (2018) 400 17 May 2021 Common Stock 400 $21.21 Direct F1, F3
holding TPB Options (2017) 750 17 May 2021 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.