ESCALADE INC — Director's Dealing 2022

Mar 8, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESCALADE INC (ESCA)
CIK: 0000033488
Period of Report: 2022-03-06

Reporting Person: Wawrin Stephen (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-06	Common Stock	M	4800	—	Acquired	34498	Direct
2022-03-08	Common Stock	M	1368	—	Acquired	35866	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-06	Restricted Stock Units	$	M	4800	Disposed	2022-03-06	Common Stock (4800)	Direct
2022-03-08	Restricted Stock Units	$	M	1368	Disposed	2022-03-08	Common Stock (1368)	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 Escalade common stock pursuant to the Escalade, Incorporated 2017 Incentive Plan (Escalade 2017 Plan).

F3: On March 6, 2019, the reporting person was granted 4,800 RSUs pursuant to the Escalade 2017 Plan, which RSUs vested and settled in full on March 6, 2022 as reported on this Form 4 upon the satisfaction of the applicable performance conditions and the reporting person having been continuously employed by Escalade. All RSUs settle in shares of ESCA common stock.

F4: On March 8, 2018, the reporting person was granted 4,100 RSUs pursuant to the Escalade 2017 Plan, of which 1,368 RSUs vested and settled on March 8, 2022, as reported on this Form 4 upon the satisfaction of the applicable performance conditions and the reporting person having been continuously employed by Escalade. As previously reported, 1,366 RSUs vested and settled on each of March 8, 2020 and March 8, 2021. All RSUs settle in shares of ESCA common stock.