X0306 5 2016-12-31 0 0 0 0001534708 Eastside Distilling, Inc. ESDI 0001265078 WICKERSHAM GROVER T. 430 CAMBRIDGE AVENUE, SUITE 100 PALO ALTO CA 94306 1 1 1 0 Chairman and CEO Common Stock Purchase Warrants (right to buy) 2 2016-12-29 5 J 0 40384 0 D 2016-06-22 2019-06-22 Common Stock 40384 25963 D The exercise price of the transferred warrants was $2.00; however, at the time of the assignment, they were subject to a temporary exercise price reduction that reduced the exercise price to $1.30 through December 31, 2016. The warrants were assigned by the reporting person to an unaffiliated third party for no consideration. The warrants contain a blocker that prohibits the holder from exercising the warrants if such exercise will result in the beneficial ownership by the holder of more than 9.99% of the Issuer's outstanding shares. The blocker may only be amended by written consent of both the Issuer and the holder. Once the holder's beneficial ownership percentage, calculated in accordance with Rule 13d-3(i), reaches 9.99%, warrants will not be exercisable until such time as the holder's beneficial ownership percentage falls to 9.99% or below. Grover T. Wickersham 2017-02-14