SEC Form 4 · accession 0001249155-18-000073
Beeline Holdings, Inc. · BLNE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David G.A. Holmes
Director
Period of report
Oct 24, 2018
Accepted (ET)
Oct 26, 2018 · 5:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001534708
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1 | $7.72 | Oct 24, 2018 | A | 5,000 | A | Oct 24, 2019 | Oct 24, 2028 | Common Stock | 5,000 | 5,000 | D |
| Restricted Stock UnitsF3,F2 | — | Oct 24, 2018 | A | — | A | Oct 24, 2019 | Oct 24, 2019 | Common Stock | — | — | D |
Explanation of responses
- F1The options vest and become exercisable one year from the date of grant.
- F2Each RSU is the economic equivalent of one share of Eastside Distilling, Inc. common stock. The closing price of EAST on the October 24, 2018 award date was $7.72.
- F3The $20,000 in value of RSUs will vest in one installment one year from the date of the award (October 24, 2019). The exact number of shares to be issued on the vesting date will be calculated based upon the closing price of the Issuer's common stock on such date, subject to continued service with the Issuer on such date.