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Turning Point Brands, Inc. — Director's Dealing 2023
May 9, 2023
31776_dirs_2023-05-09_7d29a2d3-bb43-4f2c-b502-4c09bfa65105.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: 2023-05-05
Reporting Person: Reformina Luis (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-05-05 | Common Stock | A | 5328 | $22.25 | Acquired | 7978 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Options | $30.46 | 2032-03-14 | Common Stock (4000) | 4000 | Direct |
| Options | $47.76 | 2031-05-03 | Common Stock (12000) | 12000 | Direct |
| Options | $51.75 | 2031-02-18 | Common Stock (4500) | 4500 | Direct |
| Options | $14.85 | 2030-03-18 | Common Stock (4000) | 4000 | Direct |
| Options | $20.89 | 2029-10-24 | Common Stock (25000) | 25000 | Direct |
Footnotes
F1: Granted pursuant to the issuer's 2015 Equity Incentive Plan
F2: 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.
F3: 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.
F4: 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.
F5: Granted pursuant to the issuer's 2021 Equity Incentive Plan.
F6: 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.
F7: Represents grant of restricted stock units ("RSUs") pursuant to the issuer's 2021 Equity Incentive Plan. These RSUs will vest 33% on the first, second and third anniversaries of March 31, 2023.
F8: RSUs convert into shares of Common Stock on a 1-for-1 basis.
F9: The total reported in Column 5 includes 7,328 RSUs and 650 shares of common stock.