Turning Point Brands, Inc. — Director's Dealing 2017

May 18, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Turning Point Brands, Inc. (TPB)
CIK: 0001290677
Period of Report: 2017-05-17

Reporting Person: Stegeman Mark (N/A)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-05-17	Options (2017)	$15.41	A	3500	Acquired	2027-05-17	Common Stock (3500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	141	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options (2016)	$9.26	2026-08-09	Common Stock (53996)	53996	Direct

Footnotes

F1: 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.

F2: The options vested and became exercisable as to 50% of the underlying shares on August 9, 2016. The options vest and become exercisable as to 25% of the underlying shares on August 9, 2017 and the remaining 25% of the underlying shares on August 9, 2018.

F3: Granted pursuant to the issuer's 2015 Equity Incentive Plan.