SEC Form 4 · accession 0001249155-18-000030
Beeline Holdings, Inc. · BLNE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steve Shum
Officer — Chief Financial Officer
Period of report
Apr 17, 2018
Accepted (ET)
Apr 18, 2018 · 6:29 pm EDT
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 | Apr 17, 2018 | M | 5,000 | $0.00 | A | 33,500 | D | |
| Common Stock | Apr 17, 2018 | F | 1,500 | $7.19 | D | 32,000 | 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 UnitsF3,F4 | — | Apr 17, 2018 | A | 5,000 | A | Apr 17, 2018 | Apr 17, 2018 | Common Stock | 5,000 | 5,000 | D |
| Restricted Stock UnitsF3,F4 | — | Apr 17, 2018 | M | 5,000 | D | Apr 17, 2018 | Apr 17, 2018 | Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1Represents the settlement upon vesting of restricted stock units ("RSUs") that were awarded on April 17, 2018.
- F2The reporting person is reporting the withholding by the Issuer of an aggregate of 1,500 shares of common stock that vested on April 17, 2018 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 EAST on April 17, 2018 was $7.19.
- F4All 5,000 RSUs vested immediately upon grant.