David Edward Glazek - Apr 1, 2024 Form 4 Insider Report for Turning Point Brands, Inc. (TPB)

Role
Executive Chairman, Director
Signature
/s/ David Glazek
Stock symbol
TPB
Transactions as of
Apr 1, 2024
Transactions value $
-$69,917
Form type
4
Date filed
4/3/2024, 06:06 PM
Previous filing
Mar 28, 2024
Next filing
May 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPB Common Stock Tax liability -$69.9K -2.4K -2.28% $29.12 103K Apr 1, 2024 Direct F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TPB Options Award $0 +54.3K $0.00 54.3K Mar 11, 2024 Common Stock 54.3K $27.19 Direct F2
transaction TPB Options Award $0 +77.5K $0.00 77.5K May 12, 2023 Common Stock 77.5K $20.71 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 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 2024 calendar year.
F3 The reported transaction involves shares withheld for the payment of taxes related to restricted stock units that have vested on 4/1/2024.
F4 The total reported in Column 5 includes 40,067 RSUs and 62,725 shares of Common Stock