0001567619-22-009439.txt : 20220503
0001567619-22-009439.hdr.sgml : 20220503
20220503171324
ACCESSION NUMBER: 0001567619-22-009439
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220203
FILED AS OF DATE: 20220503
DATE AS OF CHANGE: 20220503
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Cushman Brittani
CENTRAL INDEX KEY: 0001831600
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37763
FILM NUMBER: 22888255
MAIL ADDRESS:
STREET 1: 5201 INTERCHANGE WAY
CITY: LOUISVILLE
STATE: KY
ZIP: 40229
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Turning Point Brands, Inc.
CENTRAL INDEX KEY: 0001290677
STANDARD INDUSTRIAL CLASSIFICATION: TOBACCO PRODUCTS [2100]
IRS NUMBER: 133961898
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 5201 INTERCHANGE WAY
CITY: LOUISVILLE
STATE: KY
ZIP: 40229
BUSINESS PHONE: (502) 778-4421
MAIL ADDRESS:
STREET 1: 5201 INTERCHANGE WAY
CITY: LOUISVILLE
STATE: KY
ZIP: 40229
FORMER COMPANY:
FORMER CONFORMED NAME: North Atlantic Holding Company, Inc.
DATE OF NAME CHANGE: 20040517
4
1
doc1.xml
FORM 4
X0306
4
2022-02-03
0
0001290677
Turning Point Brands, Inc.
TPB
0001831600
Cushman Brittani
5201 INTERCHANGE WAY
LOUISVILLE
KY
40229
0
1
0
0
Sr VP, General Counsel
Common Stock
6015
D
Common Stock
406.806
I
By Spouse
Options (2022)
30.46
2032-03-14
Common Stock
8000
8000
D
Options (2021)
51.75
2031-02-18
Common Stock
7000
7000
D
Options (2020)
14.85
2030-03-18
Common Stock
6000
6000
D
Options (2019)
47.58
2029-03-20
Common Stock
4800
4800
D
Options (2018)
21.21
2028-03-07
Common Stock
4500
4500
D
Options (2017)
15.41
2027-05-17
Common Stock
3250
3250
D
Options (2017)
13.00
2027-02-10
Common Stock
20000
20000
D
Dividend Equivalent Right
2022-02-03
4
A
0
107
0
A
Common Stock
107
107
D
Dividend Equivalent Right
2022-04-29
4
D
0
107
D
Common Stock
107
0
D
The reporting person disclaims beneficial ownership of these securities, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
Granted pursuant to the issuer's 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.
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.
The options vest and become exercisable as to 34% of the underlying shares on January 1, 2020, 33% of the underlying shares on January 1, 2021 and 33% of the underlying shares on January 1, 2022.
The 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.
The 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.
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.
Granted pursuant to the issuer's 2021 Equity Incentive Plan.
The total reported in Column 5 includes 2,500 awarded restricted stock units and 3,515 shares of common stock.
Each dividend equivalent right was the economic equivalent of one share of the Company's common stock.
In connection with the vesting and settlement of previously-granted performance-based restricted stock units, which settled in shares of the Company's common stock on February 3, 2022, the reporting person acquired 107 fully-vested dividend equivalent rights pursuant to the terms of the applicable award agreement.
On April 29, 2022, the dividend equivalent rights were disposed of and cancelled in exchange for a cash payment equal to $3,610.42
/s/ Brittani Cushman
2022-05-03