SEC Form 4 · accession 0001179110-19-003618
ESCALADE INC · ESCA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David L. Fetherman
Officer — Chief Executive Officer · Director
Period of report
Mar 6, 2019
Accepted (ET)
Mar 8, 2019 · 4:59 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000033488
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Mar 6, 2019 | A | 8,000 | A | — | Mar 6, 2022 | Common Stock | 8,000 | 8,000 | D |
Explanation of responses
- F1Each restricted stock unit (RSU) represents a right to receive one share of ESCA common stock pursuant to the Escalade, Incorporated 2017 Incentive Plan. Shares will be delivered to the reporting person upon vesting of the applicable RSUs, unless the reporting person defers receipt.
- F2On March 6, 2019, the reporting person was granted 8,000 RSUs. The RSUs will vest in their entirety, if at all, on March 6, 2022 provided that the reporting person (1) is still employed by Escalade on that date, and (2) Escalade has achieved certain performance conditions established by the Compensation Committee of the Escalade Board of Directors.