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Beeline Holdings, Inc. — Director's Dealing 2021
May 14, 2021
34369_dirs_2021-05-13_69c8c11b-5467-4568-9dab-9d8695a93bf5.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: 2021-05-11
Reporting Person: FINNSSON ERIC J. (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-11 | Common Stock | M | 11263 | — | Acquired | 53670 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-11 | Restricted Stock Units | $ | A | 11263 | Acquired | 2021-05-11 | Common Stock (11263) | Direct |
| 2021-05-11 | Restricted Stock Units | $ | M | 11263 | Disposed | 2021-05-11 | Common Stock (11263) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | 2021-06-30 | Common Stock () | Direct | |
| Stock Option (right to buy) | $1.23 | 2030-07-30 | Common Stock (5000) | 0 | Direct |
Footnotes
F1: Represents the settlement upon vesting of restricted stock units ("RSUs") that were awarded on May 11, 2021.
F2: Awarded pursuant to the Issuer's 2016 Equity Incentive Plan.
F3: Each RSU is the economic equivalent of one share of Eastside Distilling, Inc. common stock. The closing price of EAST on May 11, 2021, the award date, was $1.82.
F4: All 11,263 RSUs vested immediately upon grant.
F5: On July 30, 2020, the Reporting Person was awarded $20,000 of RSUs, which vest in four quarterly installments beginning on September 30, 2020 and continuing thereafter on the last day of each quarter through and including June 30, 2021, subject to continued service with the Issuer on each respective vesting date.