Turning Point Brands, Inc. — Director's Dealing 2021

May 17, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Turning Point Brands, Inc. (TPB)
CIK: 0001290677
Period of Report: 2021-05-14

Reporting Person: Diao H.C. Charles (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-14	Common Stock	M	31296	$3.83	Acquired	48296	Direct
2021-05-14	Common Stock	F	14090	$45.79	Disposed	34206	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-14	Options (2013)	$3.83	M	31296	Disposed	2023-04-05	Common Stock (31296)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options (2014)	$3.83	2024-08-08	Common Stock (10432)	10432	Direct
Restricted Stock Units (2021)	$47.86	2022-05-04	Common Stock (785)	785	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 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 16.66% of the underlying shares on December 31, 2015.

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

F4: Granted pursuant to the issuer's 2021 Equity Incentive Plan.