Turning Point Brands, Inc. — Director's Dealing 2022

Mar 16, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Turning Point Brands, Inc. (TPB)
CIK: 0001290677
Period of Report: 2022-03-14

Reporting Person: Cushman Brittani (Sr VP, General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-14	Common Stock	A	2500	—	Acquired	6015	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-14	Options (2022)	$30.46	A	8000	Acquired	2032-03-14	Common Stock (8000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	406.806	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options (2021)	$51.75	2031-02-18	Common Stock (7000)	7000	Direct
Options (2020)	$14.85	2030-03-18	Common Stock (6000)	6000	Direct
Options (2019)	$47.58	2029-03-20	Common Stock (4800)	4800	Direct
Options (2018)	$21.21	2028-03-07	Common Stock (4500)	4500	Direct
Options (2017)	$15.41	2027-05-17	Common Stock (3250)	3250	Direct
Options (2017)	$13.00	2027-02-10	Common Stock (20000)	20000	Direct

Footnotes

F1: The reporting person disclaims beneficial ownership of these securities, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.

F2: Granted pursuant to the issuer's 2015 Equity Incentive Plan

F3: The options vest and become exercisable as to 34% of the underlying shares on January 1, 2022, 33% of the underlying shares on January 1, 2023 and 33% of the underlying shares on January 1, 2024.

F4: 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.

F5: 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.

F6: 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.

F7: 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.

F8: The options vest and become exercisable as to 34% of the underlying shares on January 1, 2023, 33% of the underlying shares on January 1, 2024 and 33% of the underlying shares on January 1, 2025.

F9: Granted pursuant to the issuer's 2021 Equity Incentive Plan.

F10: The reported transaction involved the reporting person's receipt of a grant of 2,500 restricted stock units under Turning Point Brands, Inc,'s 2021 Equity Incentive Plan. The total reported in Column 5 includes the newly 2,500 awarded restricted stock units and 3,515 shares of common stock.