Joseph Freedman - Dec 11, 2024 Form 4 Insider Report for Eastside Distilling, Inc. (EAST)

Role: Director
Signature: /s/ Joseph D. Freedman
Stock symbol: EAST
Transactions as of: Dec 11, 2024
Transactions value $: $0
Form type: 4
Date filed: 12/13/2024, 04:05 PM
Previous filing: Oct 9, 2024
Next filing: Dec 20, 2024

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	Series G Convertible Preferred Stock	Award		+238K			238K	Dec 11, 2024	Common Stock	238K	$0.51	Direct	F1, F2, F3
transaction	EAST	Warrants to Purchase Common Stock	Award		+119K			119K	Dec 11, 2024	Common Stock	77.5K	$0.65	Direct	F3, F4

Showing 1 to 2 of 2 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents Series G Convertible Preferred Stock ("Series G") purchased by the reporting person pursuant to a Securities Purchase Agreement with the Issuer. The Series G is not convertible until after shareholder approval and votes on an as-converted basis beginning at that time.
F2	The preferred stock is perpetual and therefore has no expiration date.
F3	The reporting person paid a purchase price of $121,593 for the Series G and accompanying warrants.
F4	Represents common stock purchase warrants purchased pursuant to the Securities Purchase Agreement referred to in footnote (1). The warrants are not exercisable until after shareholder approval. The warrants have a term of five years from the date of issuance.