Turning Point Brands, Inc. — Director's Dealing 2024

Mar 5, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Turning Point Brands, Inc. (TPB)
CIK: 0001290677
Period of Report: 2024-03-01

Reporting Person: Glazek David Edward (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-03-01	Common Stock	A	5259	$26.52	Acquired	74232	Direct
2024-03-01	Common Stock	F	2134	$26.52	Disposed	72098	Direct
2024-03-01	Common Stock	A	14706	$26.52	Acquired	86804	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-05-12	Options	$20.71	A	77519	Acquired	2033-05-12	Common Stock (77519)	Direct

Footnotes

F1: Options granted under the Turning Point Brands, Inc. 2021 Equity Incentive Plan. The options vest and become exercisable as to 25% of the underlying shares on the last day of each calendar quarter of the 2023 calendar year.

F2: Represents shares issued upon settlement of performance restricted stock units granted to the reporting person in May 2023. The compensation committee of the Board of Directors determined that the performance criteria were met on March 1, 2024. The total reported in Column 5 includes 17,528 restricted stock units and 56,704 shares of common stock.

F3: The reported transaction involves shares withheld for the payment of taxes related to performance restricted stock units that the performance criteria were met on March 1, 2024. The total reported in Column 5 includes 17,528 restricted stock units and 54,570 shares of common stock.

F4: The reported transaction involved the reporting person's receipt of a grant of 14,706 restricted stock units under Turning Point Brands, Inc,'s 2021 Equity Incentive Plan. The total reported in Column 5 includes 32,234 restricted stock units and 54,570 shares of common stock.