Joseph D. Freedman - Mar 7, 2025 Form 4 Insider Report for Eastside Distilling, Inc. (BLNE)

Role
Director
Signature
/s/ Joseph D. Freedman
Stock symbol
BLNE
Transactions as of
Mar 7, 2025
Transactions value $
$390,684
Form type
4
Date filed
3/11/2025, 04:05 PM
Previous filing
Dec 30, 2024
Next filing
Mar 20, 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 $267K +534K $0.50 534K Mar 7, 2025 Direct F1
transaction BLNE Common Stock Conversion of derivative security $1.99K +3.98K +0.75% $0.50 538K Mar 7, 2025 Direct F2
transaction BLNE Common Stock Conversion of derivative security $122K +238K +44.3% $0.51 777K Mar 7, 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 -534K -100% $0.00 0 Mar 7, 2025 Common Stock 534K $0.50 Direct F4
transaction BLNE Series F-1 Convertible Preferred Stock Conversion of derivative security $0 -3.98K -100% $0.00 0 Mar 7, 2025 Common Stock 3.98K $0.50 Direct F4
transaction BLNE Series G Convertible Preferred Stock Conversion of derivative security $0 -238K -100% $0.00 0 Mar 7, 2025 Common Stock 238K $0.51 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.