ESCALADE INC — Director's Dealing 2021

Mar 9, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESCALADE INC (ESCA)
CIK: 0000033488
Period of Report: 2021-03-04

Reporting Person: Baalmann Richard Fenton JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-04	Common Stock	M	2500	—	Acquired	99026	Direct
2021-03-06	Common Stock	M	1425	—	Acquired	100451	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-04	Restricted Stock Units	$	M	2500	Disposed	2022-03-04	Common Stock (2500)	Direct
2021-03-04	Restricted Stock Unit	$	A	3333	Acquired	2023-03-04	Common Stock (3333)	Direct
2021-03-06	Restricted Stock Units	$	M	1425	Disposed	2021-03-06	Common Stock (1425)	Direct

Footnotes

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

F2: Each RSU represents a right to receive one share of ESCA common stock granted pursuant to the Escalade, Incorporated 2017 Incentive Plan (Escalade 2017 Plan).

F3: On March 4, 2020, the reporting person was granted 5,000 RSUs pursuant to the Escalade 2017 Plan, of which 2,500 RSUs vested on March 4, 2021, as reported in this Form 4. The remaining 2,500 RSUs will vest and settle on March 4, 2022, provided that the reporting person remains a director of Escalade as of such vesting date. All RSUs were settled in shares of ESCA common stock.

F4: On March 4, 2021, the reporting person was granted 3,333 RSUs pursuant to the Escalade 2017 Plan, which will vest one-half on March 4, 2022 and one-half on March 4, 2023, provided that the reporting person remains a director of Escalade as of such vesting date.

F5: On March 6, 2019, the reporting person was granted 2,850 RSUs pursuant to the Escalade 2017 Plan, of which 1,425 RSUs vested and settled on March 6, 2020. The remaining 1,425 RSUs vested and settled on March 6, 2021, as reported on this Form 4. All RSUs were settled in shares of ESCA common stock.