0001290677-24-000023.txt : 20240305 0001290677-24-000023.hdr.sgml : 20240305 20240305212531 ACCESSION NUMBER: 0001290677-24-000023 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240301 FILED AS OF DATE: 20240305 DATE AS OF CHANGE: 20240305 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Purdy Graham CENTRAL INDEX KEY: 0001794878 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37763 FILM NUMBER: 24724145 MAIL ADDRESS: STREET 1: 12442 POPLAR WOOD DRIVE CITY: GOSHEN STATE: KY ZIP: 40026 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Turning Point Brands, Inc. CENTRAL INDEX KEY: 0001290677 STANDARD INDUSTRIAL CLASSIFICATION: TOBACCO PRODUCTS [2100] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 133961898 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 5201 INTERCHANGE WAY CITY: LOUISVILLE STATE: KY ZIP: 40229 BUSINESS PHONE: (502) 778-4421 MAIL ADDRESS: STREET 1: 5201 INTERCHANGE WAY CITY: LOUISVILLE STATE: KY ZIP: 40229 FORMER COMPANY: FORMER CONFORMED NAME: North Atlantic Holding Company, Inc. DATE OF NAME CHANGE: 20040517 4 1 form4.xml X0508 4 2024-03-01 0001290677 Turning Point Brands, Inc. TPB 0001794878 Purdy Graham 5201 INTERCHANGE WAY LOUISVILLE KY 40229 true true President and CEO false Common Stock 2024-03-01 4 A 0 8090 26.52 A 189409 D Common Stock 2024-03-01 4 F 0 1969 26.52 D 187440 D Common Stock 2024-03-01 4 A 0 22624 26.52 A 210064 D Options 30.46 2032-03-14 Common Stock 12000 12000 D Options 51.75 2031-02-18 Common Stock 9000 9000 D Options 14.85 2030-03-18 Common Stock 11000 11000 D Options 47.58 2029-03-20 Common Stock 5500 5500 D Options 21.21 2028-03-07 Common Stock 8900 8900 D Options 15.41 2027-05-17 Common Stock 5000 5000 D Options 3.83 2024-08-08 Common Stock 5216 5216 D Granted pursuant to the issuer's 2006 Equity Plan Granted pursuant to the issuer's 2021 Equity Incentive Plan. The options vested and became exercisable as to 50% of the underlying shares on August 8, 2014, 25% of the underlying shares on August 8, 2015 and 25% of the underlying shares on August 8, 2016. Granted pursuant to the issuer's 2015 Equity Incentive Plan. 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. 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. 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. 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. 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. 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. 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 29,466 restricted stock units and 159,943 shares of common stock. 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 29,466 restricted stock units and 157,974 shares of common stock. The reported transaction involved the reporting person's receipt of a grant of 22,624 restricted stock units under Turning Point Brands, Inc,'s 2021 Equity Incentive Plan. The total reported in Column 5 includes 52,090 restricted stock units and 157,974 shares of common stock. /s/ Graham Purdy 2024-03-05