DAVIS TRENT D 4
4 · Eastside Distilling, Inc. · Filed Jul 2, 2019
Insider Transaction Report
Form 4
DAVIS TRENT D
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2019-07-01From: 2019-07-01Exp: 2019-07-01→ Common Stock - Award
Restricted Stock Units
2019-07-01From: 2019-07-01Exp: 2019-07-01→ Common Stock - Exercise/Conversion
Common Stock
2019-06-30+1,112→ 14,413 total - Exercise/Conversion
Common Stock
2019-07-01+4,396→ 18,809 total - Exercise/Conversion
Restricted Stock Units
2019-06-30From: 2019-06-30Exp: 2019-09-30→ Common Stock
Footnotes (5)
- [F1]The closing price of Eastside Distilling, Inc. common stock (EAST) on June 28, 2019 (the last trading day before the June 30, 2019 vesting date) was $4.50. The number of shares issued was based on that closing price.
- [F2]The closing price of EAST on July 1, 2019 was $4.55. The number of shares issued was based on that closing price.
- [F3]Each restricted stock unit ("RSU") is the economic equivalent of one share of Eastside Distilling, Inc. common stock.
- [F4]On October 15, 2018, the Reporting Person was awarded $20,000 of RSUs, which vest in four quarterly installments that began on December 31, 2018 and continue thereafter on the last day of each quarter through and including September 30, 2019.
- [F5]On July 1, 2019, the Reporting Person was awarded $20,000 of RSUs, all of which vested immediately.