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Beeline Holdings, Inc. — Director's Dealing 2021
Dec 13, 2021
34369_dirs_2021-12-13_e881d339-81bc-4152-89be-cf37df77d365.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: 2021-12-01
Reporting Person: Brassard Amy Lee (Corporate Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-12-01 | Common Stock | M | 15000 | — | Acquired | 16750 | Direct |
| 2021-12-01 | Common Stock | F | 4487 | $1.76 | Disposed | 12263 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-12-01 | Restricted Stock Units | $1.76 | A | 15000 | Acquired | 2021-12-01 | Common Stock (15000) | Direct |
| 2021-12-01 | Restricted Stock Units | $1.76 | M | 15000 | Disposed | 2021-12-01 | Common Stock (15000) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $3.99 | 2025-01-10 | Common Stock (5609) | 5609 | Direct |
Footnotes
F1: Represents the settlement upon vesting of restricted stock units ("RSUs") that were awarded on December 1, 2021.
F2: Granted under the Issuer's 2016 Equity Incentive Plan (the "Plan").
F3: The reporting person is reporting the withholding by the Issuer of an aggregate of 4,487 shares of common stock (from the 15,000 shares of common stock issued upon settlement upon vesting of RSUs that were awarded on December 1, 2021) to satisfy payment of the reporting person's tax withholding obligations.
F4: Each RSU represents the right to receive shares of common stock upon settlement for no consideration.
F5: All 15,000 RSUs vested immediately upon grant.