Joseph D. Freedman - 07 Mar 2025 Form 4 Insider Report for Eastside Distilling, Inc. (BLNE)

Role
Director
Signature
/s/ Joseph D. Freedman
Issuer symbol
BLNE
Transactions as of
07 Mar 2025
Net transactions value
+$390,684
Form type
4
Filing time
11 Mar 2025, 16:05:29 UTC
Previous filing
30 Dec 2024
Next filing
20 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLNE Common Stock Conversion of derivative security $267,100 +534,201 $0.5000 534,201 07 Mar 2025 Direct F1
transaction BLNE Common Stock Conversion of derivative security $1,990 +3,981 +0.75% $0.5000 538,182 07 Mar 2025 Direct F2
transaction BLNE Common Stock Conversion of derivative security $121,593 +238,418 +44% $0.5100 776,600 07 Mar 2025 Direct 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
transaction BLNE Series F Convertible Preferred Stock Conversion of derivative security $0 -534,201 -100% $0.000000 0 07 Mar 2025 Common Stock 534,201 $0.5000 Direct F4
transaction BLNE Series F-1 Convertible Preferred Stock Conversion of derivative security $0 -3,981 -100% $0.000000 0 07 Mar 2025 Common Stock 3,981 $0.5000 Direct F4
transaction BLNE Series G Convertible Preferred Stock Conversion of derivative security $0 -238,418 -100% $0.000000 0 07 Mar 2025 Common Stock 238,418 $0.5100 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person converted shares of Series F Convertible Preferred Stock into shares of the Issuer's common stock.
F2 The Reporting Person converted shares of Series F-1 Convertible Preferred Stock into shares of the Issuer's common stock
F3 The Reporting Person converted shares of Series G Convertible Preferred Stock into shares of the Issuer's common stock.
F4 The preferred stock is perpetual and therefore has no expiration date.