Lawrence Wexler - 28 Oct 2021 Form 4/A - Amendment Insider Report for Turning Point Brands, Inc. (TPB)

Role
President and CEO, Director
Signature
/s/ Lawrence Wexler
Issuer symbol
TPB
Transactions as of
28 Oct 2021
Net transactions value
+$56,925
Form type
4/A - Amendment
Filing time
29 Oct 2021, 14:18:06 UTC
Date Of Original Report
28 Oct 2021
Next filing
07 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPB Common Stock Purchase $56,925 +1,500 +0.42% $37.95 354,470 28 Oct 2021 Direct

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 (2021) 15,900 28 Oct 2021 Common Stock 15,900 $51.75 Direct F5, F8
holding TPB Options 2020 20,000 28 Oct 2021 Common Stock 20,000 $14.85 Direct F5, F7
holding TPB Options (2019) 35,500 28 Oct 2021 Common Stock 35,500 $47.58 Direct F5, F6
holding TPB Options (2018) 26,500 28 Oct 2021 Common Stock 26,500 $21.21 Direct F3, F5
holding TPB Options (2017) 16,819 28 Oct 2021 Common Stock 16,819 $15.41 Direct F2, F5
holding TPB Options (2014) 4,695 28 Oct 2021 Common Stock 4,695 $3.83 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vested and became exercisable as to 50% of the underlying shares on August 8, 2014, 25% of the underlying shares on August 8, 2015 and 25% of the underlying shares on August 8, 2016.
F2 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.
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 Granted pursuant to the issuer's 2006 Equity Incentive Plan.
F5 Granted pursuant to the issuer's 2015 Equity Incentive Plan.
F6 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.
F7 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.
F8 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.

Remarks:

1. This amendment is being filed to correct an error in the transaction code for the subject transaction used in the initial filing. The initial filing mistakenly used a transaction code of A for the subject transaction as opposed to the proper code for the transaction of P.