Robert P. Grammen - 31 Mar 2022 Form 4 Insider Report for Eastside Distilling, Inc. (BLNE)

Role
Director
Signature
/s/ Robert P. Grammen
Issuer symbol
BLNE
Transactions as of
31 Mar 2022
Net transactions value
$0
Form type
4
Filing time
04 Apr 2022, 15:46:07 UTC
Previous filing
04 Jan 2022
Next filing
05 Jul 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 +33,854 +27% $0.000000 159,061 31 Mar 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 +33,854 $0.000000 33,854 31 Mar 2022 Common Stock 33,854 $0.9600 Direct F2, F3, F4
transaction EAST Restricted Stock Units Options Exercise $0 -33,854 -100% $0.000000* 0 31 Mar 2022 Common Stock 33,854 $0.9600 Direct F2, F3, F4
holding EAST Stock Option (right to buy) 5,000 31 Mar 2022 Common Stock 5,000 $1.23 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 (the "Plan").
F3 Each RSU represents the right to receive shares of common stock upon settlement for no consideration.
F4 All 33,854 RSUs vested immediately upon grant.