Eastside Distilling (EAST) CEO Liuzza received 980,392 units

Insider transactions reported

Nicholas Reyland Liuzza JR (CEO of Subsidiary at Eastside Distilling Inc., EAST) reported that they received 980,392 units between Dec 27, 2024 and Dec 30, 2024.

Reporting person

Liuzza Nicholas Reyland JR

Role

CEO of Subsidiary

Options and other derivatives

Holdings before and after

• Series G Convertible Preferred Stock: 980,392 to 1,960,784 direct
• Warrants to Purchase Common Stock: 490,196 to 980,392 direct

Footnotes from the filing

1. 1. Represents Series G Convertible Preferred Stock ( Series G ) purchased by the Reporting Person pursuant to a Securities Purchase Agreement with the Issuer. The Series G is not convertible until after shareholder approval and votes on an as-converted basis beginning at that time.
2. 2. The preferred stock is perpetual and therefore has no expiration date.
3. 3. The Reporting Person paid a purchase price of $425,000 for the Series G and accompanying warrants.
4. 4. Represents common stock purchase warrants purchased pursuant to the Securities Purchase Agreement referred to in footnote (1). The warrants are not exercisable until after shareholder approval. The warrants have a term of five years from the date of issuance.

Transaction codes in this filing

Grant or award:

Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.

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