Form Type: 4

SEC EDGAR Link
Accession Number:0001567619-23-003013
Date:2023-02-10
Issuer: TURNING POINT BRANDS, INC. (TPB)
Original Submission Date:

Reporting Person:

CUSHMAN BRITTANI
5201 INTERCHANGE WAY
LOUISVILLE, KY 40229

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2023-02-10 A 4,166 a $22.71 10,181 direct
COMMON STOCK 2023-02-10 F 1,474 d $22.71 8,707 direct
COMMON STOCK 2023-02-10 A 184 a $22.71 8,891 direct
COMMON STOCK 2023-02-10 0 $0.00 407 indirect
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
OPTIONS (2022) 30.46 deemed execution date 0 ( ) 2032-03-14 common stock 8,000 $30.46 8,000 direct
OPTIONS (2021) 51.75 deemed execution date 0 ( ) 2031-02-18 common stock 7,000 $51.75 7,000 direct
OPTIONS (2020) 14.85 deemed execution date 0 ( ) 2030-03-18 common stock 6,000 $14.85 6,000 direct
OPTIONS (2019) 47.58 deemed execution date 0 ( ) 2029-03-20 common stock 4,800 $47.58 4,800 direct
OPTIONS (2018) 21.21 deemed execution date 0 ( ) 2028-03-07 common stock 4,500 $21.21 4,500 direct
OPTIONS (2017) 15.41 deemed execution date 0 ( ) 2027-05-17 common stock 3,250 $15.41 3,250 direct
OPTIONS (2017) 13.0 deemed execution date 0 ( ) 2027-02-10 common stock 20,000 $13.00 20,000 direct
Footnotes
IDfootnote
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 represents shares issued upon settlement of performance restricted stock units granted to the reporting person in march 2018. the compensation committee of the board of directors determined that the performance criteria were met on february 10, 2022. the total reported in column 5 includes 2,500 restricted stock units and 7,681 shares of common stock.
f11 the reported transaction involves shares withheld for the payment of taxes related to performance restricted stock units that the performance criteria were met on february 10, 2023. the total reported in column 5 includes 2,500 restricted stock units and 6,207 shares of common stock.
f12 the reported transaction involves shares received as dividends related to performance restricted stock units that the performance criteria were met on february 10, 2023. the total reported in column 5 includes 2,500 restricted stock units and 6,391 shares of common stock.
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