Graham Purdy - 02 Jan 2025 Form 4 Insider Report for Turning Point Brands, Inc. (TPB)

Role
President and CEO, Director
Signature
/s/ Graham Purdy
Issuer symbol
TPB
Transactions as of
02 Jan 2025
Transactions value $
-$15,284
Form type
4
Filing time
06 Jan 2025, 19:29:51 UTC
Previous filing
06 Aug 2024
Next filing
05 Mar 2025
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 -$15,283 -252 -0.12% $60.65 210,402 02 Jan 2025 Direct F9, F10

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 12,000 02 Jan 2025 Common Stock 12,000 $30.46 Direct F1, F8
holding TPB Options 9,000 02 Jan 2025 Common Stock 9,000 $51.75 Direct F2, F7
holding TPB Options 11,000 02 Jan 2025 Common Stock 11,000 $14.85 Direct F2, F6
holding TPB Options 5,500 02 Jan 2025 Common Stock 5,500 $47.58 Direct F2, F5
holding TPB Options 8,900 02 Jan 2025 Common Stock 8,900 $21.21 Direct F2, F4
holding TPB Options 5,000 02 Jan 2025 Common Stock 5,000 $15.41 Direct F2, 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 2021 Equity Incentive Plan.
F2 Granted pursuant to the issuer's 2015 Equity Incentive Plan.
F3 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.
F4 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.
F5 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.
F6 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.
F7 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.
F8 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.
F9 The reported transaction involves shares withheld for the payment of taxes related to restricted stock units that have vested on 1/2/2025.
F10 The total reported in Column 5 includes 42,072 RSUs and 168,330 shares of Common Stock