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ESCALADE INC — Director's Dealing 2022
Mar 4, 2022
33800_dirs_2022-03-04_00f81140-0608-40c6-bde1-6a8829959518.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: 2022-03-02
Reporting Person: Wawrin Stephen (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-04 | Common Stock | M | 3667 | — | Acquired | 28667 | Direct |
| 2022-03-04 | Common Stock | M | 1031 | — | Acquired | 29698 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-02 | Restricted Stock Units | $ | A | 7500 | Acquired | 2025-03-02 | Common Stock (7500) | Direct |
| 2022-03-04 | Restricted Stock Units | $ | M | 3667 | Disposed | 2023-03-04 | Common Stock (3667) | Direct |
| 2022-03-04 | Restricted Stock Units | $ | M | 1031 | Disposed | 2024-03-04 | Common Stock (1031) | 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 2, 2022, the reporting person was granted 7,500 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.
F4: On March 4, 2020, the reporting person was granted 11,000 RSUs pursuant to the Escalade 2017 Plan, of which 3,666 RSUs vested and settled on March 4, 2021. An additional 3,667 RSUs vested and settled on March 4, 2022, as reported on this Form 4. The remaining 3,667 RSUs will vest and settle on March 4, 2023, provided that the reporting person remains an officer of Escalade as of such vesting date. All RSUs settle in shares of ESCA common stock.
F5: On March 4, 2021, the reporting person was granted 3,095 RSUs pursuant to the Escalade 2017 Plan, of which 1,031 RSUs vested and settled on March 4, 2022, as reported in this Form 4. One half of the remaining 2,064 RSUs will vest and settle on March 4, 2023 and the other half will vest and settle on March 4, 2024, provided that the reporting person remains a director of Escalade as of such vesting date. All RSUs settle in shares of ESCA common stock.