SEC Form 4 · accession 0001140361-18-012903
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
Mar 7, 2018
Accepted (ET)
Mar 9, 2018 · 6:43 pm EST
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 | — | — | — | 84,041 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options (2018)F6,F1 | $21.21 | Mar 7, 2018 | A | 9,000 | A | — | Mar 7, 2028 | Common Stock | 9,000 | 9,000 | D |
| Options (2017)F6,F2 | $15.41 | holding | — | — | — | — | May 17, 2027 | Common Stock | 6,850 | 6,850 | D |
| Options (2014)F7,F3 | $3.83 | holding | — | — | — | — | Aug 8, 2024 | Common Stock | 5,216 | 5,216 | D |
| Options (2011)F7,F4 | $3.83 | holding | — | — | — | — | Aug 25, 2021 | Common Stock | 31,296 | 31,296 | D |
| Options (2008)F7,F5 | $1.06 | holding | — | — | — | — | Nov 4, 2018 | Common Stock | 10,864 | 10,864 | D |
Explanation of responses
- F1The 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.
- F2The 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.
- F3The 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.
- F4The options vested and became exercisable as to 50% of the underlying shares on August 25, 2011, 16.66% of the underlying shares on August 25, 2012, 16.66% of the underlying shares on August 25, 2013 and the remaining 16.66% of the underlying shares on August 25, 2014.
- F5The options vested and became exercisable as to 50% of the underlying shares on November 4, 2008, 16.66% of the underlying shares on January 1, 2009, 16.66% of the underlying shares on January 1, 2010 and the remaining 16.66% of the underlying shares on January 1, 2011.
- F6Granted pursuant to the issuer's 2015 Equity Incentive Plan.
- F7Granted pursuant to the issuer's 2006 Equity Incentive Plan.