Robert P. Grammen - 31 Dec 2021 Form 4 Insider Report for Eastside Distilling, Inc. (BLNE)

Role
Director
Signature
/s/ Robert P. Grammen
Issuer symbol
BLNE
Transactions as of
31 Dec 2021
Net transactions value
$0
Form type
4
Filing time
04 Jan 2022, 09:28:11 UTC
Previous filing
15 Nov 2021
Next filing
04 Apr 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 +15,363 +14% $0.000000 125,207 31 Dec 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 +15,363 $0.000000 15,363 31 Dec 2021 Common Stock 15,363 $1.79 Direct F2, F3, F4
transaction EAST Restricted Stock Units Options Exercise $0 -15,363 -100% $0.000000* 0 31 Dec 2021 Common Stock 15,363 $1.79 Direct F2, F3, F4
holding EAST Stock Option (right to buy) 5,000 31 Dec 2021 Common Stock 5,000 $1.23 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 December 31, 2021.
F2 Granted under the Issuer's 2016 Equity Incentive Plan (the "Plan").
F3 Each RSU represents the right to receive shares of common stock upon settlement for no consideration.
F4 All 15,363 RSUs vested immediately upon grant.