ERIC FINNSSON - 30 Jun 2022 Form 4 Insider Report for Eastside Distilling, Inc. (EAST)

Role
Director
Signature
/s/ Eric J Finnsson
Issuer symbol
EAST
Transactions as of
30 Jun 2022
Net transactions value
$0
Form type
4
Filing time
05 Jul 2022, 21:09:11 UTC
Previous filing
04 Apr 2022
Next filing
23 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EAST Common Stock Options Exercise $0 +39,855 +43% $0.000000 132,113 30 Jun 2022 Direct F1, F2

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 Restricted Stock Units Award $0 +39,855 $0.000000 39,855 30 Jun 2022 Common Stock 39,855 $0.6900 Direct F2, F3, F4
transaction EAST Restricted Stock Units Options Exercise $0 -39,855 -100% $0.000000* 0 30 Jun 2022 Common Stock 39,855 $0.6900 Direct F2, F3, F4
holding EAST Stock Option (right to buy) 5,000 30 Jun 2022 Common Stock 5,000 $1.23 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the settlement upon vesting of restricted stock units ("RSUs") that were awarded on June 30, 2022.
F2 Granted under the Issuer's 2016 Equity Incentive Plan (the "Plan").
F3 Each RSU represents the right to receive shares of common stock upon settlement for no consideration.
F4 All 39,855 RSUs vested immediately upon grant.