Geoffrey C. Gwin - Dec 1, 2021 Form 4 Insider Report for Eastside Distilling, Inc. (EAST)

Role
CEO, CFO
Signature
/s/ Geoffrey Gwin
Stock symbol
EAST
Transactions as of
Dec 1, 2021
Transactions value $
$0
Form type
4
Date filed
3/21/2022, 02:02 PM
Previous filing
Sep 17, 2021
Next filing
Apr 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding EAST Common Stock 112K Dec 1, 2021 Direct
holding EAST Common Stock 107K Dec 1, 2021 See footnote F1

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 +25K $0.00 25K Dec 1, 2021 Common Stock 25K $1.76 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are held by Group G Investments, LP ("Group G Investments"), the general partner of which is Group G Capital Partners, LLC. The Reporting Person is the managing member and Chief Investment Officer of Group G Capital Partners, LLC and is also a limited partner of Group G Investments. By virtue of his roles with Group G Capital Partners, LLC, he may be deemed to be the indirect beneficial owner of Group G Investments' portfolio securities; however, he disclaims beneficial ownership of the reported. securities, except to the extent of his pecuniary interest therein. 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 (the "Act") or for any other purpose.
F2 Each RSU represents the right to receive shares of common stock upon settlement for no consideration.
F3 Represents the closing price of one share of the Issuer's common stock on the date of grant.
F4 Awarded pursuant to the Issuer's 2016 Equity Incentive Plan.