SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
GLENBROOK CAPITAL LP

(Last) (First) (Middle)
430 CAMBRIDGE AVENUE
SUITE 100

(Street)
PALO ALTO CA 94306

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
06/09/2016
3. Issuer Name and Ticker or Trading Symbol
Eastside Distilling, Inc. [ ESDI ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
06/14/2016
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Common Stock Purchase Warrants (right to buy) (1) 06/09/2019 Common Stock 6,000,000 $0.1 D
Explanation of Responses:
1. The original Form 3 mistakenly reported that 6.0 million warrants are currently exercisable by the reporting person. This information was in error because the warrants contain a blocker that prohibits the holder from exercising the warrants if such exercise will result in beneficial ownership by the holder of more than 9.99%. The blocker may only be amended by written consent of both the Issuer and the holder. Because on June 9, 2016, the reporting person owned 8,299,712 shares of Common Stock, representing more than 9.99% of the Issuer's outstanding shares, the warrants are not exercisable until such time as the reporting person's beneficial ownership percentage falls to 9.99% or below. This amendment to Form 3 is being filed to clarify the exercise status of the warrants, as well as to correct the date on which the reporting person became subject to the reporting requirements of Section 16 as a 10% owner. That date was mistakenly stated as June 4, 2016 on the original Form 4.
Richard Rudgley, Pres of Glenbrook Capital Management, the GP 07/08/2016
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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