SEC Form 4 · accession 0001140361-18-017698
Turning Point Brands, Inc. · TPB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Michael Murray
Officer — Sr. VP, Business Planning
Period of report
Apr 4, 2018
Accepted (ET)
Apr 6, 2018 · 6:41 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 | Apr 4, 2018 | M | 1,799 | $1.06 | A | 18,428 | D | |
| Common Stock | Apr 4, 2018 | S | 1,799 | $20.00 | D | 16,629 | D | |
| Common Stock | Apr 5, 2018 | M | 3,800 | $1.06 | A | 20,429 | D | |
| Common Stock | Apr 5, 2018 | S | 300 | $20.08 | D | 20,129 | D | |
| Common Stock | Apr 6, 2018 | M | 800 | $1.06 | A | 20,929 | D | |
| Common Stock | Apr 6, 2018 | S | 300 | $20.21 | D | 20,629 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionsF7,F5 | $1.06 | Apr 4, 2010 | M | 1,799 | D | — | Nov 4, 2018 | Common Stock | 1,799 | 12,064 | D |
| OptionsF7,F5 | $1.06 | Apr 5, 2010 | M | 3,800 | D | — | Nov 4, 2018 | Common Stock | 3,800 | 8,264 | D |
| OptionsF7,F5 | $1.06 | Apr 6, 2010 | M | 800 | D | — | Nov 4, 2018 | Common Stock | 800 | 7,464 | D |
| OptionsF6,F1 | $21.21 | holding | — | — | — | — | Mar 7, 2028 | Common Stock | 7,500 | 7,500 | D |
| OptionsF6,F2 | $15.41 | holding | — | — | — | — | May 17, 2027 | Common Stock | 6,000 | 6,000 | D |
| OptionsF7,F3 | $3.83 | holding | — | — | — | — | Aug 8, 2024 | Common Stock | 29,731 | 29,731 | D |
| OptionsF7,F4 | $3.83 | holding | — | — | — | — | Aug 25, 2021 | Common Stock | 62,591 | 62,591 | 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.