Lawrence Wexler - Mar 14, 2022 Form 4 Insider Report for Turning Point Brands, Inc. (TPB)

Role
Director
Signature
/s/ Lawrence Wexler
Stock symbol
TPB
Transactions as of
Mar 14, 2022
Transactions value $
$0
Form type
4
Date filed
3/16/2022, 04:12 PM
Previous filing
Feb 7, 2022
Next filing
Feb 17, 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 Award $0 +3.48K +0.93% $0.00 377K Mar 14, 2022 Direct F9

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) 15.9K Mar 14, 2022 Common Stock 15.9K $51.75 Direct F5, F8
holding TPB Options 2020 20K Mar 14, 2022 Common Stock 20K $14.85 Direct F5, F7
holding TPB Options (2019) 35.5K Mar 14, 2022 Common Stock 35.5K $47.58 Direct F5, F6
holding TPB Options (2018) 26.5K Mar 14, 2022 Common Stock 26.5K $21.21 Direct F3, F5
holding TPB Options (2017) 16.8K Mar 14, 2022 Common Stock 16.8K $15.41 Direct F2, F5
holding TPB Options (2014) 4.7K Mar 14, 2022 Common Stock 4.7K $3.83 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 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.
F4 Granted pursuant to the issuer's 2006 Equity Incentive Plan.
F5 Granted pursuant to the issuer's 2015 Equity Incentive Plan.
F6 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.
F7 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.
F8 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.
F9 The reported transaction involved the reporting person's receipt of a grant of 3,475 restricted stock units under Turning Point Brands, Inc,'s 2021 Equity Incentive Plan. The total reported in Column 5 includes the newly 3,475 awarded restricted stock units and 373,903 shares of common stock.