Michael Bigger - Sep 29, 2023 Form 3 Insider Report for Eastside Distilling, Inc. (EAST)

Role
10%+ Owner
Signature
/s/ Michael Bigger
Stock symbol
EAST
Transactions as of
Sep 29, 2023
Transactions value $
$0
Form type
3
Date filed
10/10/2023, 09:04 AM
Next filing
Oct 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding EAST Common Stock 4.81K Sep 29, 2023 Bigger Capital Fund, LP F1, F2
holding EAST Common Stock 4.81K Sep 29, 2023 District 2 Capital Fund LP F1, F3
holding EAST Common Stock 297K Sep 29, 2023 The B.A.D. Company, LLC F1, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding EAST Amended and Restated Secured Convertible Promissory Note Sep 29, 2023 Common Stock 65.5K $3.05 Bigger Capital Fund, LP F1, F2
holding EAST Amended and Restated Secured Convertible Promissory Note Sep 29, 2023 Common Stock 65.5K $3.05 District 2 Capital Fund LP F1, F3
holding EAST Amended and Restated Warrant Sep 29, 2023 Common Stock 22.5K $33.08 Bigger Capital Fund, LP F1, F2
holding EAST Amended and Restated Warrant Sep 29, 2023 Common Stock 22.5K $33.08 District 2 Capital Fund LP F1, F3
holding EAST Series C Preferred Stock Sep 29, 2023 Common Stock 1.84M $3.05 The B.A.D. Company, LLC F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Persons listed on this Form 3 may be deemed members of a group holding equity securities of the Issuer. This filing shall not be deemed to be an affirmation that such a group exists for purposes of the Securities Exchange Act of 1934, as amended, or for any other purpose or that any such Reporting Person is a beneficial owner of securities of the Issuer. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
F2 These securities are directly held by Bigger Capital Fund, LP ("Bigger Capital"). Bigger Capital Fund GP, LLC ("Bigger GP"), as the general partner of Bigger Capital, may be deemed to beneficially own the securities directly held by Bigger Capital. Michael Bigger, as the managing member of Bigger GP, may be deemed to beneficially own the securities held directly by Bigger Capital.
F3 These securities are directly held by District 2 Capital Fund LP ("District 2 CF"). District 2 Capital LP ("District 2"), as the investment manager of District 2 CF, may be deemed to beneficially own the securities directly held by District 2 CF. District 2 GP LLC ("District 2 GP"), as the general partner of District 2 CF, may be deemed to beneficially own the securities direclty held by District 2 CF. District 2 Holdings LLC ("District 2 Holdings"), as the managing member of District 2 GP, may be deemed to beneficially own the securities held by District 2 CF. Michael Bigger, as the managing member of District 2 Holdings, may be deemed to beneficially own the securities owned by District 2 CF.
F4 These securities are directly held by The B.A.D. Company, LLC ("B.A.D"). The members of B.A.D. are Bigger Capital, District 2 CF and other entities. The Manager of B.A.D. is Bigger Capital, LLC, which has voting and dispositive power over the securities directly held by B.A.D. Michael Bigger, as the managing member of Bigger Capital, LLC, may be deemed to beneficially own the securities owned by B.A.D.
F5 The Series C Preferred Stock is convertible at any time, at the holder's election, and has no expiration date.