ESCALADE INC — Director's Dealing 2020

Mar 10, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESCALADE INC (ESCA)
CIK: 0000033488
Period of Report: 2020-03-08

Reporting Person: Fetherman David L. (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-08	Common Stock	M	1166	—	Acquired	107752	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-08	Restricted Stock Units	$	M	1166	Disposed	2022-03-08	Common Stock (1166)	Direct

Footnotes

F1: Restricted Stock Units (RSUs) converted into common stock on a one-for-one basis.

F2: Each restricted stock unit (RSU) represents a right to receive one share of ESCA common stock pursuant to the Escalade, Incorporated 2017 Incentive Plan. Shares will be delivered to the reporting person upon vesting of the applicable RSUs, unless the reporting person defers receipt.

F3: On March 8, 2018, the reporting person was granted 7,000 RSUs, one sixth (1,166) of which vested and settled on March 8,2020 as reported in this Form 4. The remaining 5,834 RSUs will vest 1,166 on the reporting person's retirement date, 2,334 on March 8, 2021, and 2,334 on March 8, 2022, provided that the reporting person is still an Escalade employee or consultant on the applicable vesting date.