SEC Form 4 · accession 0001660412-17-000029
ESCALADE INC · ESCA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard White
Director
Period of report
Aug 8, 2017
Accepted (ET)
Aug 11, 2017 · 4:05 pm EDT
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 | Aug 9, 2017 | G | 2,260 | $12.05 | D | 147,602 | D | |
| Common StockF2 | Aug 9, 2017 | G | 2,100 | $12.05 | D | 145,502 | D | |
| Common StockF3 | Aug 10, 2017 | G | 2,260 | $12.05 | D | 0 | I | By spouse |
| Common StockF4 | Aug 11, 2017 | J | 2,180 | $0.00 | A | 2,180 | I | As trustee for Elizabth White 2015 Trust |
| Common StockF5 | Aug 11, 2017 | J | 2,180 | $0.00 | A | 2,180 | I | As trustee for Alexandra White Grantor Trust 2015 |
| Common Stock | holding | — | — | — | 2,260 | I | By Spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1As part of Mr. White's personal planning, he and his wife gifted a total of 2,180 shares of common stock to each of their adult daughters who in turn each deposited the shares into trusts of which Mr. White is the trustee. As the first step in such planning, Mr. White transferred 2,260 Escalade shares to his wife. Upon completion of all the transactions reported herein Mr. White's total beneficial ownership of 149,862 shares is unchanged but 4,360 shares are now indirectly owned and 145,502 shares are directly owned.
- F2Mr. White gifted 1,050 Escalade shares to each of his adult daughters.
- F3Mr. White's spouse gifted 1,130 Escalade shares to each of their adult daughters.
- F4Mr. White's adult daughter, Elizabeth White, transferred the gifted 2,180 Escalade shares to the Elizabeth White 2015 Trust. Mr. White is the trustee of the trust.
- F5Mr. White's adult daughter, Alexandra White, transferred the gifted 2,180 Escalade shares to the Alexandra White Grantor Trust 2015. Mr. White is the trustee of the trust.