Turning Point Brands, Inc. — Director's Dealing 2019

May 23, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Turning Point Brands, Inc. (TPB)
CIK: 0001290677
Period of Report: 2019-05-22

Reporting Person: Arnold Zimmerman (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-22	Common Stock	M	41728	$3.83	Acquired	62592	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-05-22	Options (2014)	$3.83	M	10432	Disposed	2024-08-08	Common Stock (10432)	Indirect
2019-05-22	Options (2013)	$3.83	M	31296	Disposed	2023-04-05	Common Stock (31296)	Indirect

Footnotes

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 vested and became exercisable as to 50% of the underlying shares on April 5, 2013, 16.66% of the underlying shares on December 31, 2013, 16.66% of the underlying shares on December 31, 2014 and the remaining 16.68% of the underlying shares on December 31, 2015.

F3: Granted pursuant to the issuer's 2006 Equity Incentive Plan.

F4: Mr. Zimmerman as Trustee for the Arnold Zimmerman Revocable Trust. An immediate family member is a beneficiary of the Trust.