4//SEC Filing
Heim Melissa 4
Accession 0001249155-18-000019
CIK 0001534708other
Filed
Jan 15, 7:00 PM ET
Accepted
Jan 16, 1:52 PM ET
Size
13.9 KB
Accession
0001249155-18-000019
Insider Transaction Report
Form 4
Heim Melissa
EVP Operations/Master Disiller
Transactions
- Exercise/Conversion
Common Stock
2018-01-11+5,000→ 15,550 total - Award
Restricted Stock Units
2018-01-11+5,000→ 5,000 totalFrom: 2018-01-11Exp: 2018-01-11→ Common Stock (5,000 underlying) - Tax Payment
Common Stock
2018-01-11$3.99/sh−1,500$5,985→ 14,050 total - Exercise/Conversion
Restricted Stock Units
2018-01-11−5,000→ 0 totalFrom: 2018-01-11Exp: 2018-01-11→ Common Stock (5,000 underlying) - Award
Employee Stock Options (right to buy)
2018-01-11+25,000→ 25,000 totalExercise: $3.99From: 2018-03-31Exp: 2028-01-11→ Common Stock (25,000 underlying)
Footnotes (5)
- [F1]Represents the settlement upon vesting of restricted stock units ("RSUs") that were awarded on January 11, 2018.
- [F2]The reporting person is reporting the withholding by the Issuer of an aggregate of 1,500 shares of common stock that vested on January 11, 2018 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 EAST on January 11, 2018 was $3.99.
- [F4]All 5,000 RSUs vested immediately upon grant.
- [F5]The options vest in 12 quarterly installments over three years, commencing on March 31, 2018 and continuing thereafter on the last day of each succeeding fiscal quarter to and including December 31, 2021, subject to continued service with the Issuer on each respective vesting date. Of the quarterly vesting installments, 11 will vest an aggregate of 2,083 options, and the 12th installment will vest an aggregate of 2,087 options.
Documents
Issuer
Eastside Distilling, Inc.
CIK 0001534708
Entity typeother
Related Parties
1- filerCIK 0001693285
Filing Metadata
- Form type
- 4
- Filed
- Jan 15, 7:00 PM ET
- Accepted
- Jan 16, 1:52 PM ET
- Size
- 13.9 KB