ESCALADE INC — Director's Dealing 2023

Mar 6, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESCALADE INC (ESCA)
CIK: 0000033488
Period of Report: 2023-03-02

Reporting Person: Baalmann Richard Fenton JR (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-02	Common Stock	M	2500	—	Acquired	108802	Direct
2023-03-04	Common Stock	M	1667	—	Acquired	110469	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-02	Restricted Stock Units	$	M	2500	Disposed	2024-03-02	Common Stock (2500)	Direct
2023-03-04	Restricted Stock Units	$	M	1667	Disposed	2023-03-04	Common Stock (1667)	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 5,000 RSUs pursuant to the Escalade 2017 Plan, of which 2,500 RSUs vested and settled on March 2, 2023, as reported on this Form 4. The remaining 2,500 RSUs will vest on March 2, 2024, provided that the reporting person remains a director of Escalade. All RSUs settle 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, of which 1,666 RSUs vested and settled on March 4, 2022, as previously reported. The remaining 1,667 RSUs vested on March 4, 2023 and settled on March 6, 2023, as reported in this Form 4. All RSUs settle in shares of ESCA common stock.