<SEC-DOCUMENT>0001493152-21-012493.txt : 20210521
<SEC-HEADER>0001493152-21-012493.hdr.sgml : 20210521
<ACCEPTANCE-DATETIME>20210521152241
ACCESSION NUMBER:		0001493152-21-012493
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20200918
FILED AS OF DATE:		20210521
DATE AS OF CHANGE:		20210521

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Block Paul
		CENTRAL INDEX KEY:			0001373737

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38182
		FILM NUMBER:		21948728

	MAIL ADDRESS:	
		STREET 1:		22 BURR FARMS ROAD
		CITY:			WESTPORT
		STATE:			CT
		ZIP:			06880

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Eastside Distilling, Inc.
		CENTRAL INDEX KEY:			0001534708
		STANDARD INDUSTRIAL CLASSIFICATION:	BEVERAGES [2080]
		IRS NUMBER:				203937596
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1001 SE WATER AVENUE
		STREET 2:		SUITE 390
		CITY:			PORTLAND
		STATE:			OR
		ZIP:			97214
		BUSINESS PHONE:		971-888-4264

	MAIL ADDRESS:	
		STREET 1:		1001 SE WATER AVENUE
		STREET 2:		SUITE 390
		CITY:			PORTLAND
		STATE:			OR
		ZIP:			97214

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Eurocan Holdings Ltd.
		DATE OF NAME CHANGE:	20111110
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>ownership.xml
<TEXT>
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    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2020-09-18</periodOfReport>

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    <issuer>
        <issuerCik>0001534708</issuerCik>
        <issuerName>Eastside Distilling, Inc.</issuerName>
        <issuerTradingSymbol>EAST</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001373737</rptOwnerCik>
            <rptOwnerName>Block Paul</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>22 BURR FARMS ROAD</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WESTPORT,</rptOwnerCity>
            <rptOwnerState>CT</rptOwnerState>
            <rptOwnerZipCode>06880</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chairman &amp; CEO</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2020-09-18</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
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            <transactionAmounts>
                <transactionShares>
                    <value>11956</value>
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                <transactionPricePerShare>
                    <value>1.35</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
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                <value>Common Stock</value>
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            <transactionDate>
                <value>2020-11-27</value>
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                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
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                    <value>119546</value>
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                    <value>D</value>
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        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2021-03-31</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F5"/>
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            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>27320</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                    <footnoteId id="F6"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>148866</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2021-03-31</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F7"/>
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            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>9107</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                    <footnoteId id="F6"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>155973</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2021-03-31</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>F</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F8"/>
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            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>12064</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>1.83</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>143909</value>
                </sharesOwnedFollowingTransaction>
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                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
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        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2021-05-19</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>20000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>1.79</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
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                <sharesOwnedFollowingTransaction>
                    <value>163909</value>
                </sharesOwnedFollowingTransaction>
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                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
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        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Restricted Stock Units</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F9"/>
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            <transactionDate>
                <value>2021-01-19</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
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            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionTotalValue>
                    <value>200000</value>
                </transactionTotalValue>
                <transactionPricePerShare>
                    <value>0</value>
                    <footnoteId id="F6"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2021-03-31</value>
                <footnoteId id="F8"/>
            </exerciseDate>
            <expirationDate>
                <value>2023-12-31</value>
                <footnoteId id="F8"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityValue>
                    <value>200000</value>
                </underlyingSecurityValue>
            </underlyingSecurity>
            <postTransactionAmounts>
                <valueOwnedFollowingTransaction>
                    <value>300000</value>
                </valueOwnedFollowingTransaction>
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                <directOrIndirectOwnership>
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        <derivativeTransaction>
            <securityTitle>
                <value>Restricted Stock Units</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>1.83</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2021-03-31</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionTotalValue>
                    <value>50000</value>
                </transactionTotalValue>
                <transactionPricePerShare>
                    <footnoteId id="F9"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2021-03-31</value>
                <footnoteId id="F10"/>
            </exerciseDate>
            <expirationDate>
                <value>2021-06-30</value>
                <footnoteId id="F10"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>27320</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <valueOwnedFollowingTransaction>
                    <value>250000</value>
                </valueOwnedFollowingTransaction>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
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        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
                <value>Restricted Stock Units</value>
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            <conversionOrExercisePrice>
                <value>1.83</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2021-03-31</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionTotalValue>
                    <value>16667</value>
                </transactionTotalValue>
                <transactionPricePerShare>
                    <footnoteId id="F9"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2021-03-31</value>
                <footnoteId id="F8"/>
            </exerciseDate>
            <expirationDate>
                <value>2023-12-31</value>
                <footnoteId id="F8"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>9107</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <valueOwnedFollowingTransaction>
                    <value>233333</value>
                </valueOwnedFollowingTransaction>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
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        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Pursuant to that certain Executive Employment Agreement between Eastside Distilling, Inc. (the &quot;Issuer&quot;) and Paul R. Block, which was executed on July 7, 2020 (the &quot;Employment Agreement&quot;), Mr. Block is entitled to receive 31,250 shares of common stock each month beginning July 2020 and continuing through December 2020, which shares will be issued under the Issuer's 2016 Equity Incentive Plan (the &quot;Plan&quot;). The reporting person is reporting the withholding by the Issuer of an aggregate of 11,956 shares of common stock (from the 31,250 shares of common stock that vested on September 18, 2020 pursuant to the Employment Agreement) to satisfy payment of the reporting person's tax withholding obligations.</footnote>
        <footnote id="F2">The reporting person is reporting the withholding by the Issuer of an aggregate of 11,956 shares of common stock (from the 31,250 shares of common stock that vested on October 30, 2020 pursuant to the Employment Agreement) to satisfy payment of the reporting person's tax withholding obligations.</footnote>
        <footnote id="F3">The reporting person is reporting the withholding by the Issuer of an aggregate of 10,726 shares of common stock (from the 31,250 shares of common stock that vested on November 27, 2020 pursuant to the Employment Agreement) to satisfy payment of the reporting person's tax withholding obligations. These shares were not actually issued and withheld until January 11, 2021.</footnote>
        <footnote id="F4">The reporting person is reporting the withholding by the Issuer of an aggregate of 10,726 shares of common stock (from the 31,250 shares of common stock that vested on December 24, 2020 pursuant to the Employment Agreement) to satisfy payment of the reporting person's tax withholding obligations. These shares were not actually issued and withheld until January 11, 2021.</footnote>
        <footnote id="F5">Represents settlement upon vesting of restricted stock units (&quot;RSUs&quot;) that were awarded on July 10, 2020. These shares were not actually issued until March 31, 2021.</footnote>
        <footnote id="F6">Awarded pursuant to the Plan. Each RSU represents the right to receive shares of common stock upon settlement for no consideration.</footnote>
        <footnote id="F7">Represents settlement upon vesting of restricted stock units (&quot;RSUs&quot;) that were awarded on January 19, 2021. These shares were not actually issued until March 31, 2021.</footnote>
        <footnote id="F8">The reporting person is reporting the withholding by the Issuer an aggregate of 12,064 shares of common stock that vested on March 31, 2021 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. These shares were not actually issued and withheld until March 31, 2021.</footnote>
        <footnote id="F9">Pursuant to the Employment Agreement, on January 19, 2021, the Compensation Committee of the Issuer's Board of Directors awarded the reporting person $200,000 in value of RSUs, (1/12) of which will be earned and vested on each of March 31, June 30, September 30 and December 31, beginning March 31, 2021 and ending December 31, 2023, if the reporting person remains employed on the applicable quarterly vesting date.</footnote>
        <footnote id="F10">Pursuant to the Employment Agreement, on July 7, 2020, the Compensation Committee of the Issuer's Board of Directors awarded the reporting person $100,000 in value of RSUs, (1/2) of which will be earned and vested on each of March 31, 2021 and June 30, 2021, if the reporting person remains employed on the applicable quarterly vesting date.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Paul Block</signatureName>
        <signatureDate>2021-05-21</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
