Graham Purdy - 28 Oct 2021 Form 4/A - Amendment Insider Report for Turning Point Brands, Inc. (TPB)

Role
Chief Operating Officer
Signature
/s/ Graham Purdy
Issuer symbol
TPB
Transactions as of
28 Oct 2021
Transactions value $
$38,180
Form type
4/A - Amendment
Filing time
29 Oct 2021, 14:18:48
Date Of Original Report
28 Oct 2021
Next filing
07 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPB Common Stock Purchase $38.2K +1K +0.77% $38.18 130K 28 Oct 2021 Direct F2, 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 (2021) 9K 28 Oct 2021 Common Stock 9K $51.75 Direct F4, F9
holding TPB Options (2020) 11K 28 Oct 2021 Common Stock 11K $14.85 Direct F4, F8
holding TPB Options (2019) 5.5K 28 Oct 2021 Common Stock 5.5K $47.58 Direct F4, F7
holding TPB Options (2018) 8.9K 28 Oct 2021 Common Stock 8.9K $21.21 Direct F4, F6
holding TPB Options (2017) 5K 28 Oct 2021 Common Stock 5K $15.41 Direct F4, F5
holding TPB Options (2014) 5.22K 28 Oct 2021 Common Stock 5.22K $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 Includes 1,000 shares of common stock beneficially owned by the reporting person that were acquired in connection with the Issuer's IPO and were inadvertently excluded from previously filings.
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 Average price paid for common stock based on a high price of $38.27 and a low price of $38.08.

Remarks:

1. This amendment is being filed to correct an error in the transaction code for the subject transaction used in the initial filing. The initial filing mistakenly used a transaction code of A for the subject transaction as opposed to the proper code for the transaction of P.