Stephanie Kilkenny - Dec 7, 2021 Form 4 Insider Report for Eastside Distilling, Inc. (EAST)

Role: Director
Signature: /s/ Stephanie Kilkenny
Stock symbol: EAST
Transactions as of: Dec 7, 2021
Transactions value $: $0
Form type: 4
Date filed: 12/9/2021, 02:51 PM
Previous filing: Jan 6, 2022
Next filing: Jan 6, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EAST	Common Stock	Options Exercise	$6.15K	+5K	+5.54%	$1.23	95.2K	Dec 7, 2021	Direct	F1
holding	EAST	Common Stock						20.4K	Dec 7, 2021	See footnote	F2
holding	EAST	Common Stock						55.6K	Dec 7, 2021	See footnote	F3

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	Stock Option (right to buy)	Conversion of derivative security	-$6.15K	-5K	-100%	$1.23	0	Dec 7, 2021	Common Stock	5K	$1.23	Direct
holding	EAST	Warrants						27.8K	Dec 7, 2021	Common Stock	27.8K	$5.50	See footnote	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the exercise of stock option awarded on July 30, 2020 under the Issuer's 2016 Equity Incentive Plan (the "Plan").
F2	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.
F3	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.