0001493152-22-007348.txt : 20220321 0001493152-22-007348.hdr.sgml : 20220321 20220321140607 ACCESSION NUMBER: 0001493152-22-007348 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220112 FILED AS OF DATE: 20220321 DATE AS OF CHANGE: 20220321 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Block Paul CENTRAL INDEX KEY: 0001373737 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38182 FILM NUMBER: 22755403 MAIL ADDRESS: STREET 1: 22 BURR FARMS ROAD CITY: WESTPORT STATE: CT ZIP: 06880 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Eastside Distilling, Inc. CENTRAL INDEX KEY: 0001534708 STANDARD INDUSTRIAL CLASSIFICATION: BEVERAGES [2080] IRS NUMBER: 203937596 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2321 NE ARGYLE STREET STREET 2: UNIT D CITY: PORTLAND STATE: OR ZIP: 97211 BUSINESS PHONE: 971-888-4264 MAIL ADDRESS: STREET 1: 2321 NE ARGYLE STREET STREET 2: UNIT D CITY: PORTLAND STATE: OR ZIP: 97211 FORMER COMPANY: FORMER CONFORMED NAME: Eurocan Holdings Ltd. DATE OF NAME CHANGE: 20111110 4 1 ownership.xml X0306 4 2022-01-12 0 0001534708 Eastside Distilling, Inc. EAST 0001373737 Block Paul C/O EASTSIDE DISTILLING, INC. 8911 NE MARX DRIVE, SUITE A2 PORTLAND, OR 97220 0 0 0 1 Former Chairman & CEO Common Stock 2022-01-12 4 F 0 1903 1.81 D 192370 D Restricted Stock Units 2022-03-21 2023-06-30 Common Stock 133333 133333 D Represents withholding by the Issuer of common stock to satisfy payment of the reporting person's tax withholding obligations applicable to the vesting of RSUs on December 31, 2021. Pursuant to that certain Executive Employment Agreement between Eastside Distilling, Inc. (the "Issuer") and the reporting person which was executed on July 7, 2020 (the "Employment Agreement"), on January 19, 2021, the Compensation Committee of the Issuer's Board of Directors awarded the reporting person $200,000 in value of RSUs, (1/12) of which will be earned and vested on each of March 31, June 30, September 30, and December 31, beginning March 31, 2021 and ending December 31, 2023, if the reporting person remains employed on the applicable quarterly vesting date. As of the reporting date, $66,667 of the RSU has vested and $133,333 remains unvested, with the next tranche scheduled to vest on March 31, 2022 if the reporting person remains employed on that date. Granted under the Issuer's 2016 Equity Incentive Plan and the Employment Agreement. Each RSU represents the right to receive shares of common stock upon settlement for no consideration. /s/ Paul Block 2022-03-21