4//SEC Filing
Peterson Jack N 4
Accession 0001249155-19-000020
CIK 0001534708other
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 6:06 PM ET
Size
14.9 KB
Accession
0001249155-19-000020
Insider Transaction Report
Form 4
Peterson Jack N
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2019-07-01From: 2019-07-01Exp: 2019-07-01→ Common Stock - Exercise/Conversion
Restricted Stock Units
2019-06-30From: 2019-06-30Exp: 2019-09-30→ Common Stock - Exercise/Conversion
Common Stock
2019-06-30+1,112→ 12,183 total - Exercise/Conversion
Common Stock
2019-07-01+4,396→ 16,579 total - Award
Restricted Stock Units
2019-07-01From: 2019-07-01Exp: 2019-07-01→ Common Stock
Holdings
- 45,359(indirect: By Sandstrom Partners, Inc.)
Common Stock
Footnotes (6)
- [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]The Reporting Person is the president, a director and a principal shareholder of Sandstrom Partners, Inc. He disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F4]Each restricted stock unit ("RSU") is the economic equivalent of one share of Eastside Distilling, Inc. common stock.
- [F5]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.
- [F6]On July 1, 2019, the Reporting Person was awarded $20,000 of RSUs, all of which vested immediately.
Documents
Issuer
Eastside Distilling, Inc.
CIK 0001534708
Entity typeother
Related Parties
1- filerCIK 0001715500
Filing Metadata
- Form type
- 4
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 6:06 PM ET
- Size
- 14.9 KB