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Beeline Holdings, Inc. Director's Dealing 2021

Sep 18, 2021

34369_dirs_2021-09-17_56a9e698-32f3-4fda-b33b-2773e1b9b4ba.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: 2021-09-15

Reporting Person: LEVY-NAVARRO ELIZABETH ANN (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-09-15 Common Stock M 6827 Acquired 6827 Direct
2021-09-15 Common Stock M 1472 Acquired 8299 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-09-15 Restricted Stock Units $2.83 A 6827 Acquired 2021-09-15 Common Stock (6827) Direct
2021-09-15 Restricted Stock Units $2.83 M 6827 Disposed 2021-09-15 Common Stock (6827) Direct
2021-09-15 Restricted Stock Units $2.82 M Disposed 2022-03-31 Common Stock (1472) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (right to buy) $1.90 2031-03-22 Common Stock (5000) 5000 Direct

Footnotes

F1: Represents the settlement upon vesting of restricted stock units ("RSUs") that were awarded on September 15, 2021.

F2: Represents the settlement upon vesting of $4,150 RSUs on June 30, 2021 that were awarded on March 22, 2021. The shares issued upon settlement were issued on September 15, 2021.

F3: Granted under the Issuer's 2016 Equity Incentive Plan.

F4: Each RSU represents the right to receive shares of common stock upon settlement for no consideration.

F5: All 6,827 RSUs vested immediately upon grant.

F6: The closing price of EAST on June 30, 2021 was $2.82.

F7: On March 22, 2021, the Issuer's Board of Directors awarded the reporting person $16,600 in value of RSUs, 1/4 of which will be earned and vested on each of June 30, 2021, September 30, 2021, December 31, 2021, and March 31, 2022, if the reporting person remains employed on the applicable quarterly vesting date.