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

Role
Director
Signature
/s/ Stephanie Kilkenny
Issuer symbol
BLNE
Transactions as of
17 Jan 2023
Net transactions value
$0
Form type
4
Filing time
05 Oct 2023, 18:51:05 UTC
Previous filing
31 Oct 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EAST Common Stock Award $0 +12,158 +1066% $0.000000 13,298 28 Sep 2023 Direct F1, F2
holding EAST Common Stock 7,292 17 Jan 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 125,000 17 Jan 2023 Common Stock 41,667 $24.00 See footnote F4
* 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 September 28, 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 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. The Reporting person's spouse is controlling owner of entities forming a minority interest in B.A.D. Company LLC with substantial equity holdings of the company.