Nicholas Liuzza - 19 Dec 2024 Form 4 Insider Report for Eastside Distilling, Inc. (EAST)

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		+980K			980K	19 Dec 2024	Common Stock	980K	$0.51	Direct	F1, F2, F3
transaction	EAST	Warrants to Purchase Common Stock	Award		+490K			490K	19 Dec 2024	Common Stock	319K	$0.65	Direct	F3, F4

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

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 $500,000 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.