Joseph D. Freedman - 07 Oct 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 F-1 Convertible Preferred Stock	Award		+3.98K			3.98K	07 Oct 2024	Common Stock	3.98K	$0.50	Direct	F1, F2
transaction	EAST	Series F Convertible Preferred Stock	Award		+534K			534K	07 Oct 2024	Common Stock	534K	$0.50	Direct	F2, F3

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

Id	Content
F1	Represents Series F-1 Convertible Preferred Stock ("Series F-1") under a merger agreement, as amended under which the Issuer acquired Beeline Financial Holdings, Inc. (the "Merger"). Votes on an as-converted basis with the holders of common stock on all matters except as noted in footnote (3). The Series F-1 is not convertible until shareholder approval noted in footnote (3).
F2	The preferred stock is perpetual and therefore has no expiration date.
F3	Represents Series F Convertible Preferred Stock ("Series F") issued in the Merger. Convertible into shares of the Issuer's common stock and only may vote following the first trading day following shareholder approval and increase in authorized common stock. Assumes conversion within 60 days from the Transaction Date.