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ESCALADE INC — Director's Dealing 2015
Mar 3, 2015
33800_dirs_2015-03-03_bdd65d1d-f27f-47f6-8ea9-40537b380552.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ESCALADE INC (ESCA)
CIK: 0000033488
Period of Report: 2015-02-27
Reporting Person: Keller Robert J (Director, President and CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-02-27 | Restricted Stock Units | $ | A | 9175 | Acquired | 2019-02-27 | Common Stock (9175) | Direct |
Footnotes
F1: Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of ESCA common stock granted pursuant to the Escalade, Incorporated 2007 Incentive Plan.
F2: The RSUs will vest one third on each of February 27, 2017, February 27, 2018 and February 27, 2019 provided that the reporting person is still employed by the company as of such date and the companys common stock has achieved certain market performance tests. The market performance tests have been established by the Compensation Committee of the Board of Directors of the company. Vested shares will be delivered to the reporting person at the time of vesting.