Eric J. Finnsson - Sep 9, 2021 Form 4 Insider Report for Eastside Distilling, Inc. (EAST)

Role: Director
Signature: /s/ Eric J Finnsson
Stock symbol: EAST
Transactions as of: Sep 9, 2021
Transactions value $: -$21,522
Form type: 4
Date filed: 9/13/2021, 09:49 PM
Previous filing: Jun 21, 2021
Next filing: Sep 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EAST	Common Stock	Sale	-$21.5K	-6.97K	-14.92%	$3.09	39.7K	Sep 9, 2021	Direct

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	Restricted Stock Units						$5K	Sep 9, 2021	Common Stock	$5K		Direct	F1, F2
holding	EAST	Stock Option (right to buy)						5K	Sep 9, 2021	Common Stock	5K	$1.23	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On July 30, 2020, the Reporting Person was awarded $20,000 of RSUs, which vest in four quarterly installments beginning on September 30, 2020 and continuing thereafter on the last day of each quarter through and including June 30, 2021, subject to continued service with the Issuer on each respective vesting date. Although the last installment of this RSU has vested, the Issuer has not yet issued the shares of common stock underlying this RSU.
F2	Awarded pursuant to the Issuer's 2016 Equity Incentive Plan (the "Plan"). Each RSU represents the right to receive shares of common stock upon settlement for no consideration.

Content

On July 30, 2020, the Reporting Person was awarded $20,000 of RSUs, which vest in four quarterly installments beginning on September 30, 2020 and continuing thereafter on the last day of each quarter through and including June 30, 2021, subject to continued service with the Issuer on each respective vesting date. Although the last installment of this RSU has vested, the Issuer has not yet issued the shares of common stock underlying this RSU.

Awarded pursuant to the Issuer's 2016 Equity Incentive Plan (the "Plan"). Each RSU represents the right to receive shares of common stock upon settlement for no consideration.