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TPB Turning Point Brands Inc

33.66
0.93 (2.84%)
Last Updated: 20:43:09
Delayed by 15 minutes
Share Name Share Symbol Market Type
Turning Point Brands Inc NYSE:TPB NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.93 2.84% 33.66 33.77 32.915 33.03 82,659 20:43:09

Statement of Changes in Beneficial Ownership (4)

18/05/2021 10:07pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Wigginton Brian
2. Issuer Name and Ticker or Trading Symbol

Turning Point Brands, Inc. [ TPB ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Sr VP Finance & CAO
(Last)          (First)          (Middle)

5201 INTERCHANGE WAY
3. Date of Earliest Transaction (MM/DD/YYYY)

5/17/2021
(Street)

LOUISVILLE, KY 40229
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Options (2021) (7)$45.05 5/17/2021  A   2500     (6)5/17/2031 Common Stock 2500 $0 2500 D  
Options (2021) (1)$51.75            (6)2/18/2031 Common Stock 1750  1750 D  
Options (2020) (1)$14.85            (5)3/18/2030 Common Stock 2500  2500 D  
Options (2019) (1)$47.58            (2)3/20/2029 Common Stock 400  400 D  
Options (2018) (1)$21.21            (3)3/7/2028 Common Stock 400  400 D  
Options (2017) (1)$15.41            (4)5/17/2027 Common Stock 750  750 D  

Explanation of Responses:
(1) Granted pursuant to the issuer's 2015 Equity Incentive Plan
(2) 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.
(3) 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.
(4) 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.
(5) 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.
(6) 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.
(7) Granted pursuant to the issuer's 2021 Equity Incentive Plan.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Wigginton Brian
5201 INTERCHANGE WAY
LOUISVILLE, KY 40229


Sr VP Finance & CAO

Signatures
/s/ Brian Wigginton5/18/2021
**Signature of Reporting PersonDate

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