Gregory H.A. Baxter - May 4, 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: May 4, 2022
Transactions value $: -$17,846
Form type: 4
Date filed: 5/5/2022, 04:21 PM
Previous filing: May 3, 2022
Next filing: May 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TPB	Common Stock	Tax liability	-$18.2K	-585	-1.54%	$31.09	37.4K	May 4, 2022	Direct	F3
transaction	TPB	Common Stock	Award	$342	+11	+0.03%	$31.09	37.4K	May 4, 2022	Direct	F4

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	May 4, 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 involves shares withheld for the payment of taxes related to restricted stock units that have vested on 5/4/2022. The total reported in Column 5 includes the 2,231 restricted stock units and 35,142 shares of common stock.
F4	The reported transaction involves shares received as dividends related to restricted stock units that have vested on 5/4/2022. The total reported in Column 5 includes the 2,231 restricted stock units and 35,153 shares of common stock.