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Filing Details

Accession Number:: 0001567619-20-013309
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-07-15 17:02:09
Reporting Period:: 2020-07-13

Accepted Time:: 2020-07-15 17:02:09
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1290677	Turning Point Brands Inc.	TPB	Tobacco Products (2100)	133961898

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1409888	L.p. General Standard	767 Fifth Avenue, 12Th Floor New York NY 10153		No	No	Yes	No
1418202	Soohyung Kim	767 Fifth Avenue, 12Th Floor New York NY 10153	See Footnote 3	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, $.01 Par Value ("Common Stock")	Disposition	2020-07-13	1,800,000	$22.44	8,178,918	No	4	S	Indirect	See Footnotes
Common Stock	Disposition	2020-07-13	415,000	$22.44	1,534	No	4	S	Indirect	See Footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	95,224	Direct

Footnotes

Represents shares sold by Standard Diversified Inc. ("SDI"). This sale was matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended, with a purchase of the Common Stock of the Issuer by SDI within the past six months. SDI and the Issuer have entered into an agreement under which SDI has made arrangements to remit to the Issuer the full amount of the reporting person's pecuniary interest in the disgorgeable profit arising from such transaction.
Represents shares sold in a registered public offering of share of the Issuer's Common Stock. The price per share reflects the public offering price of $23.50 per share, net of a 4.5% underwriting discount.
Shares owned directly by SDI. As a result of their beneficial ownership of securities of SDI, the Reporting Persons may be deemed to beneficially own shares of Common Stock of the Issuer held by SDI.
The securities reported herein may be deemed to be beneficially owned by Standard General L.P. ("Standard General") in its capacity as investment manager to private investment vehicles. Mr. Kim is a director of the general partner of the general partner of Standard General and Chief Investment Officer of Standard General, and in such capacities may be deemed to indirectly beneficially own the securities reported herein.
Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
Shares held directly by Standard General. Does not include shares held by David Glazek, a partner of Standard General. Mr. Glazek is also a director of the Issuer and, in that capacity, separately files reports under Section 16. This Form 4 does not report any pecuniary interest of Mr. Glazek in securities of the Issuer.