Home > Insider Trading > Filing (0001249155-16-000088)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1534708	Eastside Distilling Inc.	ESDI	()	NV

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1160520	Glenbrook Capital Lp	430 Cambridge Avenue Suite 100 Palo Alto CA 94306		No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2016-11-23	12,500	$0.60	651,246	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Common Stock Purchase Warrants (right to buy)	Acquisiton	2016-11-23	37,500	$0.00	37,500	$2.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
37,500	2016-11-23	2019-11-23	No	4	P	Direct

Footnotes

Reflects a 20-for-1 reverse stock split effective October 18, 2016.
The warrants contain a blocker that prohibits the holder from exercising the warrants if such exercise will result in beneficial ownership of more the 9.99% of the Issuer's outstanding shares by the warrant holder and its affiliates. The blocker may only be amended by written consent of both the Issuer and the holder. Since the reporting person's beneficial ownership percentage is over 9.99%, the warrants are currently not exercisable. The warrant will not be exercisable until the reporting person's beneficial ownership percentage falls below 9.99% (taking into account exercise of the warrants), or the blocker is waived by the mutual consent of the reporting person and the Issuer.
The warrants were issued for no additional consideration in connection with the purchase by the reporting person of a $75,000 promissory note.