SEC Form 4 · accession 0001626624-16-000052
ESCALADE INC · ESCA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard White
Director
Period of report
Feb 26, 2016
Accepted (ET)
Mar 1, 2016 · 6:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000033488
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 27, 2016 | M | 1,000 | — | A | 140,144 | D |
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,F3,F2 | — | Feb 27, 2016 | M | 1,000 | D | — | — | Common Stock | 1,000 | 1,000 | D |
| Restricted Stock UnitsF3,F4 | — | Feb 26, 2016 | A | 2,650 | A | — | — | Common Stock | 2,650 | 2,650 | D |
Explanation of responses
- F1Restricted Stock Units (RSUs) converted into common stock on a one-for-one basis.
- F2On February 27, 2015, the reporting person was granted 2,000 RSUs which vested one half on February 27, 2016, and were settled in shares of common stock as reported in this Form 4. The remaining 1,000 RSUs will vest on February 27, 2017 provided the reporting person remains a director through that date.
- F3Each RSU represents a right to receive one share of ESCA common stock granted pursuant to the Escalade, Incorporated 2007 Incentive Plan.
- F4On February 26, 2016, the reporting person was granted 2,650 RSUs which will vest one half on February 26, 2017 and one half on February 26, 2018, provided that the reporting person remains a director. Vested shares will be delivered to the reporting person at such time unless the reporting person has deferred receipt.