Stephanie Kilkenny - Dec 31, 2021 Form 4 Insider Report for Eastside Distilling, Inc. (EAST)

Role
Director
Signature
/s/ Stephanie Kilkenny
Stock symbol
EAST
Transactions as of
Dec 31, 2021
Transactions value $
$0
Form type
4
Date filed
1/6/2022, 12:20 PM
Previous filing
Dec 9, 2021
Next filing
Mar 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EAST Common Stock Options Exercise $0 +6.29K +6.53% $0.00 102K Dec 31, 2021 Direct F1, F2
holding EAST Common Stock 20.4K Dec 31, 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 Restricted Stock Units Award $0 +6.29K $0.00 6.29K Dec 31, 2021 Common Stock 6.29K $1.79 Direct F2, F4, F5
transaction EAST Restricted Stock Units Options Exercise $0 -6.29K -100% $0.00* 0 Dec 31, 2021 Common Stock 6.29K $1.79 Direct F2, F4, F5
holding EAST Warrants 27.8K Dec 31, 2021 Common Stock 27.8K $5.50 See footnote F6
* 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 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 Each RSU represents the right to receive shares of common stock upon settlement for no consideration.
F5 All 6,285 RSUs vested immediately upon grant.
F6 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.