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

Role: Director
Signature: /s/ Stephanie Kilkenny
Issuer symbol: BLNE
Transactions as of: 31 Dec 2021
Net transactions value: $0
Form type: 4
Filing time: 06 Jan 2022, 12:20:47 UTC
Previous filing: 09 Dec 2021
Next filing: 23 Mar 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	+6,285	+6.5%	$0.000000	102,460	31 Dec 2021	Direct	F1, F2
holding	EAST	Common Stock						20,389	31 Dec 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	+6,285		$0.000000	6,285	31 Dec 2021	Common Stock	6,285	$1.79	Direct	F2, F4, F5
transaction	EAST	Restricted Stock Units	Options Exercise	$0	-6,285	-100%	$0.000000^*	0	31 Dec 2021	Common Stock	6,285	$1.79	Direct	F2, F4, F5
holding	EAST	Warrants						27,778	31 Dec 2021	Common Stock	27,778	$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.