Gregory H.A. Baxter - 04 May 2022 Form 4 Insider Report for Turning Point Brands, Inc. (TPB)

Role: Director
Signature: /s/ Gregory H.A. Baxter
Issuer symbol: TPB
Transactions as of: 04 May 2022
Net transactions value: -$17,846
Form type: 4
Filing time: 05 May 2022, 16:21:59 UTC
Previous filing: 03 May 2022
Next filing: 03 May 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	Tax liability	$18,188	-585	-1.5%	$31.09	37,373	04 May 2022	Direct	F3
transaction	TPB	Common Stock	Award	$342	+11	+0.03%	$31.09	37,384	04 May 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)						14,344	04 May 2022	Common Stock	14,344	$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.