Beeline Holdings, Inc. — Director's Dealing 2017

May 26, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Eastside Distilling, Inc. (ESDI)
CIK: 0001534708
Period of Report: 2017-05-24

Reporting Person: Shum Steve (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-24	Common Stock	M	7500	—	Acquired	73500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-05-24	Restricted Stock Units	$	A	15000	Acquired		Common Stock (15000)	Direct
2017-05-24	Restricted Stock Units	$	M	7500	Disposed		Common Stock (7500)	Direct

Footnotes

F1: Represents the conversion upon vesting of restricted stock units ("RSUs") into common stock.

F2: Each RSU is the economic equivalent of one share of Eastside Distilling, Inc. common stock. The closing price of ESDI on May 24, 2017 (the grant date and the date of the first vesting installment) was $2.04.

F3: The RSUs vest on the following schedule: (i) 7,500 immediately; and (ii) 7,500 upon the closing of an equity financing of at least $5.0 million.

F4: Awarded under the Issuer's equity incentive plan.