ESCALADE INC — Director's Dealing 2022

Mar 7, 2022

SEC Form 4/A — Form 4/A

Issuer: ESCALADE INC (ESCA)
CIK: 0000033488
Period of Report: 2022-03-02

Reporting Person: Glazer Walter P. Jr. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-04	Common Stock	M	2500	—	Acquired	284297	Direct
2022-03-04	Common Stock	M	1666	—	Acquired	285963	Direct
2022-03-04	Common Stock	P	3312	$13.1335	Acquired	289275	Direct
2022-03-03	Common Stock	P	1688	$13.2905	Acquired	290963	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-02	Restricted Stock Units	$	A	75000	Acquired	2025-03-02	Common Stock (75000)	Direct
2022-03-04	Restricted Stock Units	$	M	2500	Disposed	2022-03-04	Common Stock (2500)	Direct
2022-03-04	Restricted Stock Units	$	M	1666	Disposed	2023-03-04	Common Stock (1666)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8500	Indirect

Footnotes

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

F2: This transaction was executed in multiple trades at prices ranging from $12.97 to $13.44. The price reported reflects the weighted average purchase price. The reporting person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which this transaction was effected.

F3: This transaction was executed in multiple trades at prices ranging from $13.20 to $13.30. The price reported reflects the weighted average purchase price. The reporting person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which this transaction was effected.

F4: Each RSU represents a right to receive one share of Escalade common stock pursuant to the Escalade, Incorporated 2017 Incentive Plan (Escalade 2017 Plan).

F5: On March 2, 2022, the reporting person was granted 75,000 RSUs pursuant to the Escalade 2017 Plan, of which one third will vest on March 2, 2023, one third on March 2, 2024 and one third on March 2, 2025, provided that the reporting person remains an officer of Escalade.

F6: On March 4, 2020, the reporting person was granted 5,000 RSUs pursuant to the Escalade 2017 Plan, of which 2,500 RSUs vested and settled on March 4, 2021. The remaining 2,500 RSUs vested and settled on March 4, 2022, as reported on this Form 4. All RSUs settle in shares of ESCA common stock.

F7: On March 4, 2021, the reporting person was granted 3,333 RSUs pursuant to the Escalade 2017 Plan, of which 1,666 RSUs vested and settled on March 4, 2022, as reported in this Form 4. The remaining 1,667 RSUs will vest and settle on March 4, 2023, provided that the reporting person remains a director of Escalade as of such vesting date. All RSUs settle in shares of ESCA common stock.