WICKERSHAM GROVER T. 4

Accession 0001249155-18-000049

CIK 0001534708other

View on SEC.gov Company Profile

Filed

Aug 23, 8:00 PM ET

Accepted

Aug 24, 6:28 PM ET

Size

15.1 KB

Accession

0001249155-18-000049

Insider Transaction Report

Form 4

Period: 2018-08-22

Eastside Distilling, Inc.EAST

WICKERSHAM GROVER T

DirectorChairman and CEO10% Owner

Transactions

Award
Restricted Stock Units
2018-08-22+14,098→ 14,098 total
From: 2018-08-22Exp: 2018-08-22→ Common Stock (14,098 underlying)
Tax Payment
Common Stock
2018-08-22$7.35/sh−5,598$41,145→ 147,037 total
Exercise/Conversion
Common Stock
2018-08-22+14,098→ 152,635 total
Exercise/Conversion
Restricted Stock Units
2018-08-22−14,098→ 0 total
From: 2018-08-22Exp: 2018-08-22→ Common Stock (14,098 underlying)

Holdings

Common Stock
(indirect: By Trust)
60,370
Common Stock
(indirect: By Employee Profit Sharing Plan)
238,727
Common Stock
(indirect: By Trust)
95,856

Footnotes (7)

[F1]Represents the settlement upon vesting of restricted stock units ("RSUs") that were awarded on August 22, 2018.
[F2]The reporting person is reporting the withholding by the Issuer of an aggregate of 5,598 shares of common stock that vested on August 22, 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]The reporting person is a joint trustee and beneficiary of the Grover T. and Jill Z. Wickersham 2000 Charitable Remainder Trust (the "CRUT"), which is the owner of the reported securities. The reporting person disclaims beneficial ownership of the securities owned by the CRUT, except to the extent of his pecuniary interest therein. The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
[F4]The reporting person is the trustee of the Grover T. Wickersham P.C. Employees' Profit Sharing Plan (the "PSP"), which is the owner of the reported securities. The reporting person disclaims beneficial ownership of the securities owned by the PSP, except to the extent of his pecuniary interest in the PSP. The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purposes.
[F5]The reporting person is the trustee of the Lindsay Anne Wickersham 1999 Irrevocable Trust (the "Irrevocable Trust"), which is the owner of the reported securities. The reporting person disclaims beneficial ownership of the securities owned by the Irrevocable Trust. The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purposes.
[F6]Each RSU is the economic equivalent of one share of Eastside Distilling, Inc. common stock. The closing price of EAST on August 22, 2018 was $7.35.
[F7]All 14,098 RSUs vested immediately upon grant.

Documents

1 file

4
primary_doc.xmlPrimary
PRIMARY DOCUMENT

Issuer

Eastside Distilling, Inc.

CIK 0001534708

→

Entity typeother

Related Parties

filerCIK 0001265078

Filing Metadata

Form type: 4
Filed: Aug 23, 8:00 PM ET
Accepted: Aug 24, 6:28 PM ET
Size: 15.1 KB

View on SEC.gov