Paul Block - 30 Jun 2021 Form 4 Insider Report for Eastside Distilling, Inc. (BLNE)

Signature
/s/ Paul Block
Issuer symbol
BLNE
Transactions as of
30 Jun 2021
Net transactions value
-$104,415
Form type
4
Filing time
04 Jan 2022, 15:30:14 UTC
Previous filing
21 May 2021
Next filing
04 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EAST Common Stock Options Exercise $0 +16,756 +10% $0.000000 180,665 30 Jun 2021 Direct F1
transaction EAST Common Stock Options Exercise $0 +5,586 +3.1% $0.000000 186,251 30 Jun 2021 Direct F2
transaction EAST Common Stock Tax liability $18,589 -6,238 -3.3% $2.98 180,013 30 Jun 2021 Direct F3
transaction EAST Common Stock Options Exercise $0 +5,942 +3.3% $0.000000 185,955 30 Sep 2021 Direct F4
transaction EAST Common Stock Tax liability $2,492 -890 -0.48% $2.80 185,065 30 Sep 2021 Direct 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 Restricted Stock Units Options Exercise $50,000 $183,333 30 Jun 2021 Common Stock 16,756 $2.98 Direct F1
transaction EAST Restricted Stock Units Options Exercise $16,667 $166,667 30 Jun 2021 Common Stock 5,586 $2.98 Direct F2
transaction EAST Restricted Stock Units Options Exercise $16,667 $150,000 30 Sep 2021 Common Stock 5,942 $2.80 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents settlement upon vesting of $50,000 of restricted stock units ("RSUs").
F2 Represents settlement upon vesting of $16,667 of restricted stock units ("RSUs").
F3 Represents withholding by the Issuer of common stock to satisfy payment of the reporting person's tax withholding obligations.
F4 Represents settlement upon vesting of $16,667 of restricted stock units ("RSUs").