Matthew J. Swann - 06 Jan 2025 Form 3/A - Amendment Insider Report for Heritage Distilling Holding Company, Inc. (CASK)

Role
Director
Signature
/s/ Justin B. Stiefel, attorney-in-fact for Matthew J. Swann
Issuer symbol
CASK
Transactions as of
06 Jan 2025
Net transactions value
$0
Form type
3/A - Amendment
Filing time
07 Feb 2025, 17:36:09 UTC
Date Of Original Report
14 Jan 2025
Next filing
27 May 2025

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
holding CASK Warrants to Puchase Shares of Common Stock 06 Jan 2025 Common Stock 5,916 $8.00 Direct F1
holding CASK Warrants to Puchase Shares of Common Stock 06 Jan 2025 Common Stock 11,832 $12.00 Direct F1
holding CASK Warrants to Puchase Shares of Common Stock 06 Jan 2025 Common Stock 14,790 $20.00 Direct F1
holding CASK Stock Options 06 Jan 2025 Common Stock 570 $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 6, 2019 and vested over a period of four years. The option is fully vested and is subject to the expiration of the lock-up agreement executed by the 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.