X0306 4 2016-11-23 0 0001534708 Eastside Distilling, Inc. ESDI 0001160520 GLENBROOK CAPITAL LP 430 CAMBRIDGE AVENUE SUITE 100 PALO ALTO CA 94306 0 0 1 0 Common Stock 2016-11-23 4 P 0 12500 0.6 A 651246 D Common Stock Purchase Warrants (right to buy) 2 2016-11-23 4 P 0 37500 0 A 2016-11-23 2019-11-23 Common Stock 37500 37500 D 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. Richard Rudgley, President of Glenbrook Capital Management, the General Partner 2016-11-25