Turning Point Brands, Inc. — Director's Dealing 2018

Apr 6, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Turning Point Brands, Inc. (TPB)
CIK: 0001290677
Period of Report: 2018-04-04

Reporting Person: Murray James Michael (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-04-04	Common Stock	M	1799	$1.06	Acquired	18428	Direct
2018-04-04	Common Stock	S	1799	$20	Disposed	16629	Direct
2018-04-05	Common Stock	M	3800	$1.06	Acquired	20429	Direct
2018-04-05	Common Stock	S	300	$20.08	Disposed	20129	Direct
2018-04-06	Common Stock	M	800	$1.06	Acquired	20929	Direct
2018-04-06	Common Stock	S	300	$20.21	Disposed	20629	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-04-04	Options	$1.06	M	1799	Disposed	2018-11-04	Common Stock (1799)	Direct
2010-04-05	Options	$1.06	M	3800	Disposed	2018-11-04	Common Stock (3800)	Direct
2010-04-06	Options	$1.06	M	800	Disposed	2018-11-04	Common Stock (800)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options	$21.21	2028-03-07	Common Stock (7500)	7500	Direct
Options	$15.41	2027-05-17	Common Stock (6000)	6000	Direct
Options	$3.83	2024-08-08	Common Stock (29731)	29731	Direct
Options	$3.83	2021-08-25	Common Stock (62591)	62591	Direct

Footnotes

F1: 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.

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 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: The options vested and became exercisable as to 50% of the underlying shares on August 25, 2011, 16.66% of the underlying shares on August 25, 2012, 16.66% of the underlying shares on August 25, 2013 and the remaining 16.66% of the underlying shares on August 25, 2014.

F5: The options vested and became exercisable as to 50% of the underlying shares on November 4, 2008, 16.66% of the underlying shares on January 1, 2009, 16.66% of the underlying shares on January 1, 2010 and the remaining 16.66% of the underlying shares on January 1, 2011.

F6: Granted pursuant to the issuer's 2015 Equity Incentive Plan.

F7: Granted pursuant to the issuer's 2006 Equity Incentive Plan.