SEC Form 4 · accession 0001140361-17-021400
Turning Point Brands, Inc. · TPB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Stegeman
Officer — Sr. VP, CFO and CAO
Period of report
May 17, 2017
Accepted (ET)
May 18, 2017 · 5:25 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001290677
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 141 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options (2017)F3,F1 | $15.41 | May 17, 2017 | A | 3,500 | A | — | May 17, 2027 | Common Stock | 3,500 | 3,500 | D |
| Options (2016)F3,F2 | $9.26 | holding | — | — | — | — | Aug 9, 2026 | Common Stock | 53,996 | 53,996 | D |
Explanation of responses
- F1The 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.
- F2The options vested and became exercisable as to 50% of the underlying shares on August 9, 2016. The options vest and become exercisable as to 25% of the underlying shares on August 9, 2017 and the remaining 25% of the underlying shares on August 9, 2018.
- F3Granted pursuant to the issuer's 2015 Equity Incentive Plan.