Geoffrey C. Gwin - 05 Apr 2022 Form 4 Insider Report for Eastside Distilling, Inc. (BLNE)

Role: CEO, CFO, DIRECTOR, Director
Signature: /s/ Geoffrey C. Gwin
Issuer symbol: BLNE
Transactions as of: 05 Apr 2022
Net transactions value: +$196,720
Form type: 4
Filing time: 07 Apr 2022, 12:53:29 UTC
Previous filing: 21 Mar 2022
Next filing: 30 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EAST	Common Stock	Purchase	$196,720	+200,000	+178%	$0.9836	312,115	05 Apr 2022	Direct
holding	EAST	Common Stock						107,000	05 Apr 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	Restricted Stock Units	Award	$0	+25,000		$0.000000	25,000	01 Dec 2021	Common Stock	25,000	$1.76	Direct

* 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.

Content

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.