4//SEC Filing
GWIN GEOFFREY C 4
Accession 0001493152-21-023028
CIK 0001534708other
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 5:03 PM ET
Size
24.3 KB
Accession
0001493152-21-023028
Insider Transaction Report
Form 4
GWIN GEOFFREY C
Director
Transactions
- Exercise/Conversion
Common Stock
2020-09-30+32,895→ 87,379 total - Exercise/Conversion
Common Stock
2020-12-31+29,297→ 109,506 total - Exercise/Conversion
Restricted Stock Units
2021-03-31Exercise: $1.85From: 2021-03-31Exp: 2021-03-31→ Common Stock (10,135 underlying) - Tax Payment
Common Stock
2020-09-30$1.14/sh−7,170$8,174→ 80,209 total - Exercise/Conversion
Common Stock
2021-03-31+10,135→ 113,129 total - Tax Payment
Common Stock
2020-12-31$1.28/sh−6,512$8,335→ 102,994 total - Tax Payment
Common Stock
2021-03-31$1.85/sh−1,014$1,876→ 112,115 total - Exercise/Conversion
Restricted Stock Units
2020-12-31Exercise: $1.28From: 2020-12-31Exp: 2020-12-31→ Common Stock (29,297 underlying) - Exercise/Conversion
Restricted Stock Units
2020-09-30Exercise: $1.14From: 2020-09-30Exp: 2020-09-30→ Common Stock (32,895 underlying) - Disposition to Issuer
Restricted Stock Units
2021-03-31From: 2021-03-31Exp: 2021-06-30→ Common Stock
Holdings
- 107,000(indirect: See footnote)
Common Stock
Footnotes (9)
- [F1]Represents settlement upon vesting of $37,500 of restricted stock units ("RSUs") on September 30, 2020 that were awarded on July 10, 2020. The shares issued upon settlement were issued on October 1, 2020.
- [F2]Awarded pursuant to the Issuer's 2016 Equity Incentive Plan.
- [F3]Represents the withholding by the Issuer of shares of common stock (from the $37,500 of RSUs that vested on September 30, 2020) to satisfy payment of the Reporting Person's tax withholding obligations.
- [F4]Represents settlement upon vesting of $37,500 of RSUs on December 31, 2020 that were awarded on July 10, 2020.
- [F5]Represents the withholding by the Issuer of shares of common stock (from the $37,500 of RSUs that vested on December 31, 2020) to satisfy payment of the Reporting Person's tax withholding obligations.
- [F6]Represents settlement upon vesting of $18,750 of RSUs on March 31, 2021 that were awarded on July 10, 2020. See footnote 9.
- [F7]Represents the withholding by the Issuer of shares of common stock (from the $37,500 of RSUs that vested on March 31, 2021) to satisfy payment of the Reporting Person's tax withholding obligations.
- [F8]These securities are held by Group G Investments, LP ("Group G Investments"), the general partner of which is Group G Capital Partners, LLC. The Reporting Person is the managing member and Chief Investment Officer of Group G Capital Partners, LLC and is also a limited partner of Group G Investments. By virtue of his roles with Group G Capital Partners, LLC, he may be deemed to be the indirect beneficial owner of Group G Investments' portfolio securities; however, he disclaims beneficial ownership of the reported. securities, except to the extent of his pecuniary interest therein. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Act") or for any other purpose.
- [F9]Effective February 4, 2021, the Issuer and the Reporting Person entered into a First Amendment to Employment Agreement (the "First Amendment"), pursuant to which $56,250 of unvested RSUs were rescinded.
Documents
Issuer
Eastside Distilling, Inc.
CIK 0001534708
Entity typeother
Related Parties
1- filerCIK 0001787349
Filing Metadata
- Form type
- 4
- Filed
- Sep 16, 8:00 PM ET
- Accepted
- Sep 17, 5:03 PM ET
- Size
- 24.3 KB