Beth A. Marker - 12 Nov 2024 Form 3/A - Amendment Insider Report for Heritage Distilling Holding Company, Inc. (CASK)

Role: SVP of Retail Operations
Signature: /s/ Justin B. Stiefel, attorney-in-fact for Beth A. Marker
Issuer symbol: CASK
Transactions as of: 12 Nov 2024
Net transactions value: $0
Form type: 3/A - Amendment
Filing time: 07 Feb 2025, 17:35:58 UTC
Date Of Original Report: 18 Nov 2024
Next filing: 13 Feb 2025
SEC: View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	CASK	Warrants to Puchase Shares of Common Stock	12 Nov 2024	Common Stock	10	$8.00	Direct	F1
holding	CASK	Warrants to Puchase Shares of Common Stock	12 Nov 2024	Common Stock	20	$12.00	Direct	F1
holding	CASK	Warrants to Puchase Shares of Common Stock	12 Nov 2024	Common Stock	25	$20.00	Direct	F1
holding	CASK	Stock Options	12 Nov 2024	Common Stock	184	$157.89	Direct	F2

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

Explanation of Responses:

Id	Content
F1	The initial exercise date of the warrant begins at any time on or after the date on which the volume-weighted average market trading price of the common stock of the Issuer equals or exceeds the exercise price over any period of ten (10) consecutive trading days.
F2	The option was granted on June 22, 2018. The option vested over a period of four years from the vesting commencement date of May 1, 2018. The option is fully vested and is subject to the expiration of the lock-up agreement, executed by reporting person, which is 180 days following the date of the underwriting agreement between Issuer and Newbridge Securities Corporation, acting as representative to several underwriters.

Content

The initial exercise date of the warrant begins at any time on or after the date on which the volume-weighted average market trading price of the common stock of the Issuer equals or exceeds the exercise price over any period of ten (10) consecutive trading days.

The option was granted on June 22, 2018. The option vested over a period of four years from the vesting commencement date of May 1, 2018. The option is fully vested and is subject to the expiration of the lock-up agreement, executed by reporting person, which is 180 days following the date of the underwriting agreement between Issuer and Newbridge Securities Corporation, acting as representative to several underwriters.

Remarks:

This Amended Form 3 is being filed to correct errors from the initial filing for the reporting person's ownership of securities of the Issuer. No new transactions are being reported herein.