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

Role
Director
Signature
/s/ Elizabeth A Levy-Navarro
Stock symbol
EAST
Transactions as of
Sep 30, 2021
Transactions value $
$4,150
Form type
4
Date filed
11/2/2021, 02:52 PM
Previous filing
Sep 17, 2021
Next filing
Nov 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EAST Common Stock Options Exercise $0 +1.61K +19.39% $0.00 9.91K Sep 30, 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 $4.15K $8.3K Sep 30, 2021 Common Stock 1.61K $2.58 Direct F2, F3, F4, F5
holding EAST Stock Option (right to buy) 5K Sep 30, 2021 Common Stock 5K $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.