SEC Form 4 · accession 0001249155-19-000005
Beeline Holdings, Inc. · BLNE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jack N Peterson
Director
Period of report
Dec 31, 2018
Accepted (ET)
Jan 2, 2019 · 6:26 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 31, 2018 | M | 810 | $0.00 | A | 10,210 | D | |
| Common StockF1 | holding | — | — | — | 45,359 | I | By Sandstrom Partners, Inc. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Dec 31, 2018 | M | — | D | Dec 31, 2018 | Sep 30, 2019 | Common Stock | — | — | D |
Explanation of responses
- F1The reporting person is the President, a director and a principal shareholder of Sandstrom Partners, Inc. He disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose.
- F2Each restricted stock unit ("RSU") is the economic equivalent of one share of Eastside Distilling, Inc. common stock. The closing price of EAST on the December 31, 2018 vesting date was $6.18.
- F3On October 15, 2018, the reporting Person was awarded $20,000 of RSUs, which vest in four quarterly installments beginning on December 31, 2018 and continuing thereafter on the last day of each quarter through and including September 30, 2019, subject to continued service with the Issuer on each respective vesting date.