Stephanie Kilkenny - 11 Nov 2021 Form 4 Insider Report for Eastside Distilling, Inc. (BLNE)

Role
Director
Signature
/s/ Stephanie Kilkenny
Issuer symbol
BLNE
Transactions as of
11 Nov 2021
Net transactions value
$0
Form type
4
Filing time
07 Dec 2021, 16:16:03 UTC
Previous filing
22 Nov 2021
Next filing
06 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 +1,754 +2% $0.000000 91,175 11 Nov 2021 Direct F1, F2
holding EAST Common Stock 20,389 11 Nov 2021 See footnote F3
holding EAST Common Stock 55,555 11 Nov 2021 See footnote F4

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 +1,754 $0.000000 1,754 11 Nov 2021 Common Stock 1,754 $2.85 Direct F2, F5, F6
transaction EAST Restricted Stock Units Options Exercise $0 -1,754 -100% $0.000000* 0 11 Nov 2021 Common Stock 1,754 $2.85 Direct F2, F5, F6
holding EAST Stock Option (right to buy) 0 11 Nov 2021 Common Stock 5,000 $1.23 Direct
holding EAST Warrants 27,778 11 Nov 2021 Common Stock 27,778 $5.50 See footnote F4
* 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 (the "Plan").
F3 These securities are held directly by TQLA, LLC, which the Reporting Person, together with her spouse, owns and controls. 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.
F4 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.
F5 Each RSU represents the right to receive shares of common stock upon settlement for no consideration.
F6 All 1,754 RSUs vested immediately upon grant.