Gregory H.A. Baxter - Apr 29, 2022 Form 4 Insider Report for Turning Point Brands, Inc. (TPB)

Role: Director
Signature: /s/ Gregory H.A. Baxter
Stock symbol: TPB
Transactions as of: Apr 29, 2022
Transactions value $: $0
Form type: 4
Date filed: 5/3/2022, 05:07 PM
Next filing: May 5, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TPB	Common Stock	Award	$0	+2.23K	+6.24%	$0.00	38K	Apr 29, 2022	Direct	F3

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 (2014)						14.3K	Apr 29, 2022	Common Stock	14.3K	$3.83	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Grant pursuant to the Issuer's 2006 Equity Incentive Plan.
F2	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.
F3	The reported transaction involved the reporting person's receipt of a grant of 2,231 restricted stock units under Turning Point Brands, Inc,'s 2021 Equity Incentive Plan. The reporting person has previously reported prior awards of restricted units in Table II of Form 4. The total reported in Column 5 includes the newly 2,231 awarded restricted stock units, 1,464 restricted stock units previously reported in Table II and 34,263 shares of common stock.