Stephanie Kilkenny - Jan 17, 2023 Form 4 Insider Report for Eastside Distilling, Inc. (EAST)

Role
Director
Signature
/s/ Stephanie Kilkenny
Stock symbol
EAST
Transactions as of
Jan 17, 2023
Transactions value $
$0
Form type
4
Date filed
1/30/2023, 07:06 PM
Previous filing
Oct 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EAST Common Stock Award $0 +22.8K $0.00 22.8K Jan 17, 2023 Direct F1, F2
holding EAST Common Stock 146K Jan 17, 2023 See footnote F3

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
holding EAST Warrants 27.8K Jan 17, 2023 Common Stock 27.8K $5.50 See footnote F4
holding EAST Warrants 2.5M Jan 17, 2023 Common Stock 833K $1.20 See footnote F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents common stock units that were awarded on January 17, 2023.
F2 Granted under the Issuer's 2016 Equity Incentive Plan (the "Plan").
F3 These securities are held directly by Stephanie A. Kilkenny, Trustee of the Stephanie A. Kilkenny Trust. The inclusion of these securities in 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, or for any other purpose.
F4 These securities are held directly by Patrick J. Kilkenny, Trustee of the Patrick J. Kilkenny Revocable Trust. Mr. Kilkenny is the spouse of the Reporting Person. The inclusion of these securities in 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, or for any other purpose.
F5 The Warrants were acquired from the Issuer by TQLA, LLC in consideration of the purchase by TQLA, LLC of a promissory note in the principal amount of $3,000,000. The Reporting Person, together with her spouse, owns and controls TQLA, LLC. The inclusion of these securities in 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, or for any other purpose.