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

Role
Sr VP, CFO
Signature
/s/ Luis Reformina
Issuer symbol
TPB
Transactions as of
28 Oct 2021
Net transactions value
+$24,680
Form type
4/A - Amendment
Filing time
29 Oct 2021, 14:19:42 UTC
Date Of Original Report
28 Oct 2021
Next filing
16 Mar 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 $24,680 +650 $37.97 650 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 (2019) 25,000 28 Oct 2021 Common Stock 25,000 $20.89 Direct F1, F2
holding TPB Options (2020) 4,000 28 Oct 2021 Common Stock 4,000 $14.85 Direct F1, F3
holding TPB Options (2021) 4,500 28 Oct 2021 Common Stock 4,500 $51.75 Direct F1, F4
holding TPB Options (2021) 12,000 28 Oct 2021 Common Stock 12,000 $47.76 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, 2021, 33% of the underlying shares on January 1, 2022, and 33% of the underlying shares on January 1, 2023.
F4 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.