Turning Point Brands, Inc. — Director's Dealing 2020

Oct 15, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Turning Point Brands, Inc. (TPB)
CIK: 0001290677
Period of Report: 2020-10-13

Reporting Person: Baxter Gregory H.A. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-10-13	Common Stock	M	31296	$3.83	Acquired	46380	Direct
2020-10-13	Common Stock	F	12117	$30.75	Disposed	34263	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-10-13	Option (2011)	$3.83	M	31296	Disposed	2020-12-31	Common Stock (31296)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options (2014)	$3.83	2024-08-08	Common Stock (14344)	14344	Direct

Footnotes

F1: Grant pursuant to the Issuer's 2006 Equity Incentive Plan.

F2: 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.

F3: The options vested and became exercisable as to 50% of the underlying shares on February 15, 2011, 16.68% of the underlying shares on December 31, 2011, 16.66% of the underlying shares on December 31, 2012 and the remaining 16.66% of the underlying shares on December 31, 2013.