| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | EAST | Common Stock | Options Exercise | $0 | +1,767 | +2.1% | $0.000000 | 87,648 | 15 Sep 2021 | Direct | F1, F3 |
| transaction | EAST | Common Stock | Options Exercise | $0 | +1,773 | +2% | $0.000000 | 89,421 | 15 Sep 2021 | Direct | F2, F3 |
| holding | EAST | Common Stock | 1,429,091 | 15 Sep 2021 | See footnote | F4 | |||||
| holding | EAST | Common Stock | 55,555 | 15 Sep 2021 | See footnote | F5 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | EAST | Restricted Stock Units | Award | $0 | +1,767 | $0.000000 | 1,767 | 15 Sep 2021 | Common Stock | 1,767 | $2.83 | Direct | F3, F6, F7 | |
| transaction | EAST | Restricted Stock Units | Options Exercise | $0 | -1,767 | -100% | $0.000000* | 0 | 15 Sep 2021 | Common Stock | 1,767 | $2.83 | Direct | F3, F6, F7 |
| transaction | EAST | Restricted Stock Units | Options Exercise | $5,000 | $0 | 15 Sep 2021 | Common Stock | 1,773 | $2.82 | Direct | F3, F6, F8, F9 | |||
| holding | EAST | Stock Option (right to buy) | 5,000 | 15 Sep 2021 | Common Stock | 5,000 | $1.23 | Direct | ||||||
| holding | EAST | Warrants | 27,778 | 15 Sep 2021 | Common Stock | 27,778 | $5.50 | See footnote | F5 |
| Id | Content |
|---|---|
| F1 | Represents the settlement upon vesting of restricted stock units ("RSUs") that were awarded on September 15, 2021. |
| F2 | Represents the settlement upon vesting of RSUs that were awarded on July 30, 2020. The shares issued upon settlement were issued on September 15, 2021. |
| F3 | Granted under the Issuer's 2016 Equity Incentive Plan (the "Plan"). |
| F4 | On February 10, 2021, the Issuer issued 830,868 shares of common stock to TQLA, LLC and on April 19, 2021, the Issuer issued 598,223 shares of common stock to TQLA, LLC, which the Reporting Person, together with her spouse, owns and controls, pursuant to that certain Asset Purchase Agreement dated September 12, 2019 by and between the Issuer and Intersect. The inclusion of these securities in this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. |
| F5 | These securities are held directly by Patrick J. Kilkenny, Trustee of the Patrick J. Kilkenny Revocable Trust. Mr. Kilkenny is the spouse of the Reporting Person. The inclusion of these securities in this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. |
| F6 | Each RSU represents the right to receive shares of common stock upon settlement for no consideration.is the economic equivalent of one share of Eastside Distilling, Inc. common stock. The closing price of EAST on September 15, 2021, the award date, was $2.83. |
| F7 | All 7,067 RSUs vested immediately upon grant. |
| F8 | The closing price of EAST on June 30, 2021, the vesting date, was $2.82. |
| F9 | 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. |