GLENBROOK CAPITAL LP 4
4 · Eastside Distilling, Inc. · Filed Jul 10, 2018
Insider Transaction Report
Form 4
GLENBROOK CAPITAL LP
10% Owner
Transactions
- Conversion
5% Convertible Note Due 2020
2018-07-06$400000.00/shExercise: $6.00From: 2017-06-30Exp: 2020-06-30→ Common Stock (70,000 underlying) - Conversion
Common Stock
2018-07-06$6.00/sh+70,000$420,000→ 662,885 total
Footnotes (3)
- [F1]Shares were issued upon conversion of a 5% convertible promissory note due 2020 in the principal amount of $400,000, plus $20,000 in accrued interest.
- [F2]Glenbrook Capital, LP ("GBLP") is the direct beneficial owner of the securities reported herein. However, these securities may also be deemed to be indirectly beneficially owned by Glenbrook Capital Management ("GCM"), the general partner of GBLP. GCM disclaims beneficial ownership of such securities, except to the extent of its pecuniary interest therein, if any. This report shall not be deemed an admission that GCM is the beneficial owner of the shares described herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- [F3]Includes conversion of $400,000 in principal and $20,000 of accrued interest, at $6.00 per share.