SEC Form 4 · accession 0001660412-18-000005
ESCALADE INC · ESCA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward E Williams
Director
Period of report
Feb 26, 2018
Accepted (ET)
Feb 27, 2018 · 6:42 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 26, 2018 | M | 1,325 | — | A | 124,657 | D | |
| Common StockF4 | holding | — | — | — | 14,999 | I | PAW Family Limited Partnership | |
| Common StockF5 | holding | — | — | — | 37,039 | I | Good Earth Tools, Inc. | |
| Common StockF6 | holding | — | — | — | 337,302 | I | KPW Family Limited Partnership |
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,F3 | — | Feb 26, 2018 | M | 1,325 | D | — | — | Common Stock | 1,325 | 0 | D |
Explanation of responses
- F1Restricted Stock Units(RSUs) converted into common stock on a one-for-one basis.
- F2Each RSU represents a right to receive one share of ESCA common stock granted pursuant to the Escalade, Incorporated 2007 Incentive Plan ("Escalade 2007 Plan").
- F3On February 26, 2016, the reporting person was granted 2,650 RSUs pursuant to the Escalade 2007 Plan. 1,325 RSUs vested and settled on February 26, 2017 as previously reported. The remaining 1,325 RSUs vested and settled on February 26, 2018 as reported in this Form 4. RSUs were settled in shares of ESCA common stock.
- F4Mr. Williams is a general partner of PAW Family Limited Partnership L.P.
- F5Mr. Williams owns 33% of the outstanding shares of Good Earth Tools, Inc. and is an executive officer of same.
- F6Mr. Williams is a general partner of KPW Family Limited Partnership.