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Beeline Holdings, Inc. — Director's Dealing 2018
Oct 18, 2018
34369_dirs_2018-10-17_769bbe27-7986-4e06-bc31-f851d2838122.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Eastside Distilling, Inc. (EAST)
CIK: 0001534708
Period of Report: 2018-10-15
Reporting Person: Saunders Shelly (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-10-15 | Stock Options (right to buy) | $7.87 | A | 5000 | Acquired | 2028-10-15 | Common Stock (5000) | Direct |
| 2018-10-15 | Restricted Stock Units | $ | A | Acquired | 2019-09-30 | Common Stock () | Direct |
Footnotes
F1: The options are immediately exercisable.
F2: Each restricted stock unit ("RSU") is the economic equivalent of one share of Eastside Distilling, Inc. common stock. The closing price of EAST on the October 15, 2018 award date was $7.87.
F3: The RSUs will vest in four quarterly $5,000 installments (for a total of $20,000) on the last day of each quarter, beginning on December 31, 2018 and continuing through and including September 30, 2019, the exact number of shares to be issued on each vesting date to be calculated based upon the closing price of the Issuer's common stock on such date, subject to continued service with the Issuer o each respective vesting date.