Elizabeth A. Levy-Navarro - 11 Nov 2021 Form 4 Insider Report for Eastside Distilling, Inc. (BLNE)

Role
Director
Signature
/s/ Elizabeth A. Levy-Navarro
Issuer symbol
BLNE
Transactions as of
11 Nov 2021
Net transactions value
$0
Form type
4
Filing time
15 Nov 2021, 18:36:41 UTC
Previous filing
02 Nov 2021
Next filing
04 Jan 2022
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 +5,884 +59% $0.000000 15,792 11 Nov 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 Award $0 +5,884 $0.000000 5,884 11 Nov 2021 Common Stock 5,884 $2.85 Direct F2, F3, F4
transaction EAST Restricted Stock Units Options Exercise $0 -5,884 -100% $0.000000* 0 11 Nov 2021 Common Stock 5,884 $2.85 Direct F2, F3, F4
holding EAST Restricted Stock Units $8,300 11 Nov 2021 Common Stock $8,300 Direct F3, F5
holding EAST Stock Option (right to buy) 5,000 11 Nov 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 restricted stock units ("RSUs") that were awarded on November 11, 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 All 5,884 RSUs vested immediately upon grant.
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 will 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.