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

Role
Director
Signature
/s/ Elizabeth A. Levy-Navarro
Stock symbol
EAST
Transactions as of
Nov 11, 2021
Transactions value $
$0
Form type
4
Date filed
11/15/2021, 06:36 PM
Previous filing
Nov 2, 2021
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EAST Common Stock Options Exercise $0 +5.88K +59.39% $0.00 15.8K Nov 11, 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 +5.88K $0.00 5.88K Nov 11, 2021 Common Stock 5.88K $2.85 Direct F2, F3, F4
transaction EAST Restricted Stock Units Options Exercise $0 -5.88K -100% $0.00* 0 Nov 11, 2021 Common Stock 5.88K $2.85 Direct F2, F3, F4
holding EAST Restricted Stock Units $8.3K Nov 11, 2021 Common Stock $8.3K Direct F3, F5
holding EAST Stock Option (right to buy) 5K Nov 11, 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 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.