De Plano Lorenzo 4
4 · Turning Point Brands, Inc. · Filed Mar 18, 2024
Insider Transaction Report
Form 4
De Plano Lorenzo
Chief Strategy Officer
Transactions
- Purchase
Common Stock
2023-03-14$27.97/sh+15,043$420,753→ 31,375 total
Holdings
- 1,386
Options (2020)
Exercise: $14.85Exp: 2030-03-18→ Common Stock (1,386 underlying) - 2,100
Options (2021)
Exercise: $51.75Exp: 2031-02-18→ Common Stock (2,100 underlying) - 2,500
Options (2022)
Exercise: $30.46Exp: 2032-03-14→ Common Stock (2,500 underlying)
Footnotes (5)
- [F1]Options granted under the Turning Point Brands, Inc. 2015 Equity Incentive Plan. 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.
- [F2]Options granted under the Turning Point Brands, Inc. 2015 Equity Incentive Plan. 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.
- [F3]Options granted under the Turning Point Brands, Inc. 2021 Equity Incentive Plan. 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.
- [F4]Weighted average purchase price. On 03/14/2024, the reporting person purchased the shares within a range of $27.90 to $28.06. The reporting person will provide upon request by the Commission Staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price
- [F5]The total reported in Column 5 includes 8,523 restricted stock units and 22,852 shares of common stock.