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

Jul 15, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Turning Point Brands, Inc. (TPB)
CIK: 0001290677
Period of Report: 2020-07-13

Reporting Person: STANDARD DIVERSIFIED INC. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-07-13	Common Stock	S	1800000	$22.4425	Disposed	8178918	Direct

Footnotes

F1: This sale was matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended, with a purchase of the common stock of the issuer by the reporting person within the past six months. The reporting person and the Issuer have entered into an agreement under which the reporting person has made arrangements to remit to the issuer the full amount of the reporting person's pecuniary interest in the disgorgeable profit arising from such transaction.

F2: The reporting person sold these shares as part of a public offering of an aggregate of 2,000,000 shares of the issuer's common stock. The price per share reflects the public offering price of $23.50 per share, net of the 4.5% underwriting discount.