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Turning Point Brands, Inc. — Director's Dealing 2020
Mar 20, 2020
31776_dirs_2020-03-20_3a7d75a0-7dd3-45e1-a100-12ddb8dccb1a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Turning Point Brands, Inc. (TPB)
CIK: 0001290677
Period of Report: 2020-03-18
Reporting Person: Wexler Lawrence (Director, President and CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-03-18 | Options 2020 | $14.85 | A | 20000 | Acquired | 2030-03-18 | Common Stock (20000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 351470 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Options (2019) | $47.58 | 2029-03-20 | Common Stock (35500) | 35500 | Direct |
| Options (2018) | $21.21 | 2028-03-07 | Common Stock (26500) | 26500 | Direct |
| Options (2017) | $15.41 | 2027-05-17 | Common Stock (16819) | 16819 | Direct |
| Options (2014) | $3.83 | 2024-08-08 | Common Stock (4695) | 4695 | Direct |
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 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 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.
F4: Granted pursuant to the issuer's 2006 Equity Incentive Plan.
F5: Granted pursuant to the issuer's 2015 Equity Incentive Plan.
F6: The options vest and become exercisable as to 34% of the underlying shares on January 1, 2020, 33% of the underlying shares on January 1, 2021 and 33% of the underlying shares on January 1, 2022.
F7: The options vest and become exercisable as to 34% of the underlying shares on January 1, 2021, 33% of the underlying shares on January 1, 2022 and 33% of the underlying shares on January 1, 2023.