Sec Form 4 Filing - Dobbins James Wells @ Turning Point Brands, Inc. - 2017-05-17

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Dobbins James Wells
2. Issuer Name and Ticker or Trading Symbol
Turning Point Brands, Inc. [ TPB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
GC, Secretary, Sr. VP
(Last) (First) (Middle)
TURNING POINT BRANDS, INC., 5201 INTERCHANGE WAY
3. Date of Earliest Transaction (MM/DD/YY)
05/17/2017
(Street)
LOUISVILLE, KY40229
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 84,041 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Options (2017) ( 6 ) $ 15.41 05/17/2017 A 6,850 ( 1 ) 05/17/2027 Common Stock 6,850 $ 0 6,850 D
Options (2014) ( 7 ) $ 3.83 ( 2 ) 08/08/2024 Common Stock 5,216 5,216 D
Options (2011) ( 7 ) $ 3.83 ( 3 ) 08/25/2021 Common Stock 31,296 31,296 D
Options (2008) ( 7 ) $ 1.06 ( 4 ) 11/04/2018 Common Stock 20,864 20,864 D
Options (2007) ( 7 ) $ 1.06 ( 5 ) 09/18/2017 Common Stock 24,002 24,002 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Dobbins James Wells
TURNING POINT BRANDS, INC.
5201 INTERCHANGE WAY
LOUISVILLE, KY40229
GC, Secretary, Sr. VP
Signatures
/s/ James Dobbins 05/18/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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.
( 2 )The 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.
( 3 )The 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.
( 4 )The 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.
( 5 )The options vested and became exercisable as to 50% of the underlying shares on September 18, 2007, 16.66% of the underlying shares on January 1, 2008, 16.66% of the underlying shares on January 1, 2009 and the remaining 16.66% of the underlying shares on January 1, 2010.
( 6 )Granted pursuant to the issuer's 2015 Equity Incentive Plan.
( 7 )Granted pursuant to the issuer's 2006 Equity Incentive Plan.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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