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Beeline Holdings, Inc. Director's Dealing 2024

Oct 9, 2024

34369_dirs_2024-10-09_d157ae1f-eb77-43df-aa49-9ed67a46d5ee.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: 2024-10-07

Reporting Person: Freedman Joseph David (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-10-07 Series F-1 Convertible Preferred Stock $0.50 A 3981 Acquired Common Stock (3981) Direct
2024-10-07 Series F Convertible Preferred Stock $0.50 A 534201 Acquired Common Stock (534201) Direct

Footnotes

F1: Represents Series F-1 Convertible Preferred Stock ("Series F-1") under a merger agreement, as amended under which the Issuer acquired Beeline Financial Holdings, Inc. (the "Merger"). Votes on an as-converted basis with the holders of common stock on all matters except as noted in footnote (3). The Series F-1 is not convertible until shareholder approval noted in footnote (3).

F2: The preferred stock is perpetual and therefore has no expiration date.

F3: Represents Series F Convertible Preferred Stock ("Series F") issued in the Merger. Convertible into shares of the Issuer's common stock and only may vote following the first trading day following shareholder approval and increase in authorized common stock. Assumes conversion within 60 days from the Transaction Date.