Filing Details
- Accession Number:
- 0001249155-17-000052
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-07-21 19:27:47
- Reporting Period:
- 2017-06-30
- Filing Date:
- 2017-07-21
- Accepted Time:
- 2017-07-21 19:27:47
- SEC Url:
- Form 4 Filing
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 | 2017-07-18 | 2,100 | $5.94 | 465,387 | No | 4 | P | Direct | |
Common Stock | Acquisiton | 2017-07-21 | 800 | $6.09 | 466,187 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct | |
No | 4 | P | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | 5% Convertible Note Due 2020 | Acquisiton | 2017-06-30 | 400,000 | $400,000.00 | 66,667 | $6.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2017-06-30 | 2020-06-30 | No | 4 | P | Direct |
Footnotes
- Reflects the total shares beneficially owned, taking into account the three-for-one reverse stock split effected on June 15, 2017.
- This transaction was executed in multiple trades at prices ranging from $5.9667 to $6.25. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request of the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased at each separate price for all transactions reported on this Form 4.
- The note is convertible at any time at the option of the holder at $6.00 per share, subject to adjustment for future stock splits, reverse splits and similar recapitalizations events, and subject to the blocker attached thereto, which prohibits the voluntary conversion if, by virtue of the conversion, the holder and its affiliates would collectively own more than 19.95% of the Issuer's then outstanding shares. The note will automatically convert in the event the Issuer consummates an equity financing of at least $4.0 million at a per share price of at least $7.50.