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

Role: Chief Operating Officer
Signature: /s/ Graham Purdy
Issuer symbol: TPB
Transactions as of: 14 Mar 2022
Net transactions value: $0
Form type: 4
Filing time: 16 Mar 2022, 16:04:54 UTC
Previous filing: 07 Feb 2022
Next filing: 14 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TPB	Common Stock	Award	$0	+2,500	+1.8%	$0.000000	138,984	14 Mar 2022	Direct	F11

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	+12,000		$0.000000	12,000	14 Mar 2022	Common Stock	12,000	$30.46	Direct	F2, F10
holding	TPB	Options (2021)						9,000	14 Mar 2022	Common Stock	9,000	$51.75	Direct	F4, F9
holding	TPB	Options (2020)						11,000	14 Mar 2022	Common Stock	11,000	$14.85	Direct	F4, F8
holding	TPB	Options (2019)						5,500	14 Mar 2022	Common Stock	5,500	$47.58	Direct	F4, F7
holding	TPB	Options (2018)						8,900	14 Mar 2022	Common Stock	8,900	$21.21	Direct	F4, F6
holding	TPB	Options (2017)						5,000	14 Mar 2022	Common Stock	5,000	$15.41	Direct	F4, F5
holding	TPB	Options (2014)						5,216	14 Mar 2022	Common Stock	5,216	$3.83	Direct	F1, F3

* 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 2006 Equity Plan
F2	Granted pursuant to the issuer's 2021 Equity Incentive Plan.
F3	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.
F4	Granted pursuant to the issuer's 2015 Equity Incentive Plan.
F5	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.
F6	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.
F7	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.
F8	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.
F9	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.
F10	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.
F11	The reported transaction involved the reporting person's receipt of a grant of 2,500 restricted stock units under Turning Point Brands, Inc,'s 2021 Equity Incentive Plan. The total reported in Column 5 includes the newly 2,500 awarded restricted stock units and 136,484 shares of common stock.