Beeline Holdings, Inc. — Director's Dealing 2020

Jul 22, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Eastside Distilling, Inc. (EAST)
CIK: 0001534708
Period of Report: 2020-07-18

Reporting Person: Peterson Jack N (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-07-18	Common Stock	M	6356	—	Acquired	69920	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-07-18	Restricted Stock Units	$	A	6356	Acquired	2020-07-18	Common Stock (6356)	Direct
2020-07-18	Restricted Stock Units	$	M	6356	Disposed	2020-07-18	Common Stock (6356)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	45359	Indirect

Footnotes

F1: Represents the settlement upon vesting of restricted stock units ("RSUs") that were awarded on July 18, 2020.

F2: Awarded pursuant to the Issuer's 2016 Equity Incentive Plan.

F3: The Reporting Person is the president, a director and a principal shareholder of Sandstrom Partners, Inc. He disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

F4: Each RSU is the economic equivalent of one share of Eastside Distilling, Inc. common stock. The closing price of EAST on July 17, 2020, the last trading date prior to the award date, which fell on a weekend, was $1.18.

F5: All 6,356 RSUs vested immediately upon grant.