Navarro Elizabeth Ann Levy - Mar 31, 2022 Form 4 Insider Report for Eastside Distilling, Inc. (EAST)

Role
Director
Signature
/s/ Elizabeth A. Levy-Navarro
Stock symbol
EAST
Transactions as of
Mar 31, 2022
Transactions value $
-$4,150
Form type
4
Date filed
4/4/2022, 12:40 PM
Previous filing
Jan 4, 2022
Next filing
Jul 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EAST Common Stock Options Exercise $0 +34.9K +197.36% $0.00 52.6K Mar 31, 2022 Direct F1, F2
transaction EAST Common Stock Options Exercise $0 +4.32K +8.22% $0.00 56.9K Mar 31, 2022 Direct F1, F2

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 +34.9K $0.00 34.9K Mar 31, 2022 Common Stock 34.9K $0.96 Direct F2, F3, F4
transaction EAST Restricted Stock Units Options Exercise $0 -34.9K -100% $0.00* 0 Mar 31, 2022 Common Stock 34.9K $0.96 Direct F2, F3, F4
transaction EAST Restricted Stock Units Options Exercise -$4.15K 0 Mar 31, 2022 Common Stock 4.32K $0.96 Direct F2, F3, F5
holding EAST Stock Option (right to buy) 5K Mar 31, 2022 Common Stock 5K $1.90 Direct
* 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 March 31, 2022.
F2 Granted under the Issuer's 2016 Equity Incentive Plan.
F3 Each RSU represents the right to receive shares of common stock upon settlement for no consideration.
F4 All 34,896 RSUs vested immediately upon grant.
F5 On March 22, 2021, the Issuer's Board of Directors awarded the reporting person $16,600 in value of RSUs, 1/4 of which will be earned and vested on each of June 30, 2021, September 30, 2021, December 31, 2021, and March 31, 2022, if the reporting person remains employed on the applicable quarterly vesting date.