Stephanie Kilkenny - Mar 21, 2022 Form 4 Insider Report for Eastside Distilling, Inc. (EAST)

Role: Director
Signature: /s/ Stephanie Kilkenny
Stock symbol: EAST
Transactions as of: Mar 21, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/23/2022, 09:23 PM
Previous filing: Jan 6, 2022
Next filing: Apr 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	EAST	Common Stock						102K	Mar 21, 2022	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	Warrants	Purchase		+1.67M			1.67M	Mar 21, 2022	Common Stock	1.67M	$1.20	See footnote	F3
holding	EAST	Warrants						27.8K	Mar 21, 2022	Common Stock	27.8K	$5.50	See footnote	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These securities are held directly by Stephanie A. Kilkenny, Trustee of the Stephanie A. Kilkenny Trust. 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.
F2	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.
F3	The Warrants were acquired from the Issuer by TQLA, LLC in consideration of the purchase by TQLA, LLC of a promissory note in the principal amount of $2,000,000 and covenant to lend an additional $1,000,000 on demand. The Reporting Person, together with her spouse, owns and controls TQLA, LLC. 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.