SEC Form 4 · accession 0001140361-17-005401
Turning Point Brands, Inc. · TPB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Wells Dobbins
Officer — GC, Secretary, Sr. VP
Period of report
Feb 7, 2017
Accepted (ET)
Feb 9, 2017 · 4:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001290677
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy)F2,F1 | $1.06 | Feb 7, 2017 | D | 12,510 | D | — | Sep 18, 2017 | Common Stock | 12,510 | 24,002 | D |
Explanation of responses
- F1The options vested and became exercisable as to 50% of the underlying shares on September 18, 2007, 16.66% of the underlying shares on January 1, 2008, 16.66% of the underlying shares on January 1, 2009 and the remaining 16.68% of the underlying shares on January 10, 2010.
- F2The options were canceled by mutual agreement of the reporting person and Turning Point Brands, Inc. The reporting person received $149,994.90 as consideration for the cancellation.