Elizabeth A. Levy-Navarro - 30 Sep 2021 Form 4 Insider Report for Eastside Distilling, Inc. (BLNE)

Role
Director
Signature
/s/ Elizabeth A Levy-Navarro
Issuer symbol
BLNE
Transactions as of
30 Sep 2021
Net transactions value
+$4,150
Form type
4
Filing time
02 Nov 2021, 14:52:44 UTC
Previous filing
17 Sep 2021
Next filing
15 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EAST Common Stock Options Exercise $0 +1,609 +19% $0.000000 9,908 30 Sep 2021 Direct F1, F2

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
transaction EAST Restricted Stock Units Options Exercise $4,150 $8,300 30 Sep 2021 Common Stock 1,609 $2.58 Direct F2, F3, F4, F5
holding EAST Stock Option (right to buy) 5,000 30 Sep 2021 Common Stock 5,000 $1.90 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the settlement upon vesting of $4,150 RSUs on September 30, 2021 that were awarded on March 22, 2021.
F2 Granted under the Issuer's 2016 Equity Incentive Plan.
F3 Each RSU represents the right to receive shares of common stock upon settlement for no consideration.
F4 The closing price of EAST on September 30, 2021 was $2.58.
F5 On March 22, 2021, the Issuer's Board of Directors awarded the reporting person $16,600 in value of RSUs, 1/4 of which were or will be, as the case may be, earned and vested on each of June 30, 2021, September 30, 2021, December 31, 2021, and March 31, 2022, if the reporting person remains employed on the applicable quarterly vesting date.