SEC Form 4 · accession 0001660412-18-000022
ESCALADE INC · ESCA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George Savitsky
Director
Period of report
May 16, 2018
Accepted (ET)
May 18, 2018 · 5:15 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 | May 16, 2018 | M | 1,425 | — | A | 52,500 | D | |
| Common StockF1 | May 16, 2018 | M | 2,850 | — | A | 55,350 | 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,F2,F3 | — | May 16, 2018 | M | 1,425 | D | — | Mar 2, 2019 | Common Stock | 1,425 | 0 | D |
| Restricted Stock UnitsF1,F4,F5 | — | May 16, 2018 | M | 2,850 | D | — | Mar 8, 2020 | Common Stock | 2,850 | 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 March 2, 2017, the reporting person was granted 2,850 RSUs pursuant to the Escalade 2007 Plan, of which one half (1,425) vested and settled on March 2, 2018, as previously reported. The remaining 1,425 RSUs vested immediately prior to the reporting person's retirement as a director on May 16, 2018 by action of the ESCA Compensation Committee and Board of Directors.
- F4Each RSU represents a right to receive one share of Escalade common stock granted pursuant to the Escalade, Incorporated 2017 Incentive Plan (Escalade 2017 Plan).
- F5On March 8, 2018, the reporting person was granted 2,850 RSUs pursuant to the Escalade 2017 Plan as previously reported. All 2,850 RSUs vested immediately prior to the reporting person's retirement as a director on May 16, 2018 by action of the ESCA Compensation Committee and Board of Directors.