Joseph D. Giansante - 31 Mar 2022 Form 4 Insider Report for Eastside Distilling, Inc. (BLNE)

Role
Director
Signature
/s/ Joseph D. Giansante
Issuer symbol
BLNE
Transactions as of
31 Mar 2022
Net transactions value
$0
Form type
4
Filing time
04 Apr 2022, 19:47:55 UTC
Previous filing
04 Apr 2022
Next filing
05 Jul 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EAST Common Stock Options Exercise $0 +521 +52100% $0.000000 522 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 +521 $0.000000 521 31 Mar 2022 Common Stock 521 $0.9600 Direct F2, F3, F4
transaction EAST Restricted Stock Units Options Exercise $0 -521 -100% $0.000000* 0 31 Mar 2022 Common Stock 521 $0.9600 Direct F2, F3, F4
* 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 521 RSUs vested immediately upon grant.