Heim Melissa 4

4 · Eastside Distilling, Inc. · Filed Dec 18, 2017

Form 4

Period: 2017-12-14

EVP Operations/Master Disiller

Transactions

Award
Restricted Stock Units
2017-12-14+3,000→ 3,000 total
From: 2017-12-14Exp: 2017-12-14→ Common Stock (3,000 underlying)
Exercise/Conversion
Common Stock
2017-12-14+3,000→ 11,470 total
Tax Payment
Common Stock
2017-12-14$4.33/sh−920$3,984→ 10,550 total
Exercise/Conversion
Restricted Stock Units
2017-12-14−3,000→ 0 total
From: 2017-12-14Exp: 2017-12-14→ Common Stock (3,000 underlying)

Footnotes (5)

[F1]Represents the settlement upon vesting of restricted stock units ("RSUs") that were awarded on December 14, 2017.
[F2]The reporting person is reporting the withholding by the Issuer of an aggregate of 920 shares of common stock that vested on December 14, 2017 but that were not issued in order to satisfy the reporting person's tax withholding obligations in connection with the delivery of common stock to the reporting person upon vesting of RSUs.
[F3]Each RSU is the economic equivalent of one share of Eastside Distilling, Inc. common stock. The closing price of ESDI on December 14, 2017 (the grant date) was $4.33.
[F4]All 3,000 RSUs vested immediately upon grant.
[F5]The RSUs were granted pursuant to the Issuer's 2016 Equity Incentive Plan.

Documents

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