SEC Form 4 · accession 0001249155-17-000078
Beeline Holdings, Inc. · BLNE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Melissa Heim
Officer — EVP Ops and Master Distiller
Period of report
Dec 14, 2017
Accepted (ET)
Dec 18, 2017 · 5:27 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001534708
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 14, 2017 | M | 3,000 | $0.00 | A | 11,470 | D | |
| Common Stock | Dec 14, 2017 | F | 920 | $4.33 | D | 10,550 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF5,F3,F4 | — | Dec 14, 2017 | A | 3,000 | A | Dec 14, 2017 | Dec 14, 2017 | Common Stock | 3,000 | 3,000 | D |
| Restricted Stock UnitsF5,F3,F4 | — | Dec 14, 2017 | M | 3,000 | D | Dec 14, 2017 | Dec 14, 2017 | Common Stock | 3,000 | 0 | D |
Explanation of responses
- F1Represents the settlement upon vesting of restricted stock units ("RSUs") that were awarded on December 14, 2017.
- F2The reporting person is reporting the withholding by the Issuer of an aggregate of 920 shares of common stock that vested on December 14, 2017 but that were not issued in order to satisfy the reporting person's tax withholding obligations in connection with the delivery of common stock to the reporting person upon vesting of RSUs.
- F3Each RSU is the economic equivalent of one share of Eastside Distilling, Inc. common stock. The closing price of ESDI on December 14, 2017 (the grant date) was $4.33.
- F4All 3,000 RSUs vested immediately upon grant.
- F5The RSUs were granted pursuant to the Issuer's 2016 Equity Incentive Plan.