Robert Grammen - Jun 30, 2022 Form 4 Insider Report for Eastside Distilling, Inc. (EAST)

Role
Director
Signature
/s/ Robert P. Grammen
Stock symbol
EAST
Transactions as of
Jun 30, 2022
Transactions value $
$0
Form type
4
Date filed
7/5/2022, 09:35 PM
Previous filing
Apr 4, 2022
Next filing
Oct 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EAST Common Stock Options Exercise $0 +39.9K +25.06% $0.00 199K Jun 30, 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 +39.9K $0.00 39.9K Jun 30, 2022 Common Stock 39.9K $0.69 Direct F2, F3, F4
transaction EAST Restricted Stock Units Options Exercise $0 -39.9K -100% $0.00* 0 Jun 30, 2022 Common Stock 39.9K $0.69 Direct F2, F3, F4
holding EAST Stock Option (right to buy) 5K Jun 30, 2022 Common Stock 5K $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 June 30, 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 39,855 RSUs vested immediately upon grant.