Stiefel Justin B 4

Accession 0001788230-25-000089

CIK 0001788230other

Filed

May 26, 8:00 PM ET

Accepted

May 27, 6:11 PM ET

Size

26.8 KB

Accession

0001788230-25-000089

Form 4

Period: 2025-05-22

DirectorCEO & Treasurer

Transactions

Exercise/Conversion
Common Stock
2025-05-22$0.53/sh+240,306$127,362→ 283,921 total
Exercise/Conversion
Common Stock
2025-05-22$0.53/sh+42,000$22,260→ 325,921 total
Exercise/Conversion
Common Stock
2025-05-24$0.54/sh+42,000$22,680→ 330,283 total(indirect: By Spouse)
Exercise/Conversion
Restricted Stock Units
2025-05-24−42,000→ 0 total
→ Common Stock (42,000 underlying)
Exercise/Conversion
Common Stock
2025-05-22$0.53/sh+220,989$117,124→ 288,283 total(indirect: By Spouse)
Award
Restricted Stock Units
2025-05-22+193,268→ 193,268 total
→ Common Stock (193,268 underlying)
Exercise/Conversion
Restricted Stock Units
2025-05-22−240,306→ 0 total
→ Common Stock (240,306 underlying)
Exercise/Conversion
Restricted Stock Units
2025-05-24−42,000→ 0 total(indirect: By Spouse)
→ Common Stock (42,000 underlying)
Award
Restricted Stock Units
2025-05-22+47,913→ 47,913 total(indirect: By Spouse)
→ Common Stock (47,913 underlying)
Exercise/Conversion
Restricted Stock Units
2025-05-22−220,989→ 0 total(indirect: By Spouse)
→ Common Stock (220,989 underlying)
Award
Restricted Stock Units
2025-05-22+47,038→ 240,306 total
→ Common Stock (47,038 underlying)
Award
Restricted Stock Units
2025-05-22+173,076→ 220,989 total(indirect: By Spouse)
→ Common Stock (173,076 underlying)

Footnotes (6)

[F1]Includes 1,737 shares beneficially owned through American Estate and Trust, LC FBO Justin Stiefel IRA account
[F2]These securities are held by Jennifer D.H. Stiefel, the spouse of the reporting person. For purposes of Section 16 of the Exchange Act, the reporting person disclaims beneficial ownership of any such securities, except to the extent of her pecuniary interest therein, if any, and this report shall not be deemed an admission that such reporting person is the beneficial owner of such securities for purposes of Section 16 or otherwise.
[F3]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer's common stock.
[F4]The RSUs vested in full immediately upon grant on May 22, 2025.
[F5]The reporting person was awarded the RSUs on November 25, 2024, subject to approval by the issuer's board of directors. The RSUs were formally granted on May 22, 2025, following such board approval.
[F6]The RSUs were granted on June 5, 2024 subject to a vesting condition tied to the expiration of a lock-up agreement. The RSUs vested and settled on May 24, 2025 upon the lock-up's expiration.

Documents

1 file

Heritage Distilling Holding Company, Inc.

CIK 0001788230

Entity typeother