Luis Reformina - Mar 14, 2022 Form 4 Insider Report for Turning Point Brands, Inc. (TPB)

Role
Sr VP, CFO
Signature
/s/ Luis Reformina
Stock symbol
TPB
Transactions as of
Mar 14, 2022
Transactions value $
$0
Form type
4
Date filed
3/16/2022, 04:03 PM
Previous filing
Oct 29, 2021
Next filing
May 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPB Common Stock Award $0 +2K +307.69% $0.00 2.65K Mar 14, 2022 Direct F7

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 (2022) Award $0 +4K $0.00 4K Mar 14, 2022 Common Stock 4K $30.46 Direct F5, F6
holding TPB Options (2021) 12K Mar 14, 2022 Common Stock 12K $47.76 Direct F1, F4
holding TPB Options (2021) 4.5K Mar 14, 2022 Common Stock 4.5K $51.75 Direct F1, F4
holding TPB Options (2020) 4K Mar 14, 2022 Common Stock 4K $14.85 Direct F1, F3
holding TPB Options (2019) 25K Mar 14, 2022 Common Stock 25K $20.89 Direct F1, F2
* 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.
F5 Granted pursuant to the issuer's 2021 Equity Incentive Plan.
F6 The options vest and become exercisable as to 34% of the underlying shares on January 1, 2023, 33% of the underlying shares on January 1, 2024, and 33% of the underlying shares on January 1, 2025.
F7 The reported transaction involved the reporting person's receipt of a grant of 2,000 restricted stock units under Turning Point Brands, Inc,'s 2021 Equity Incentive Plan. The total reported in Column 5 includes the newly 2,000 awarded restricted stock units and 650 shares of common stock.