SEC Form 4 · accession 0001660412-18-000039
ESCALADE INC · ESCA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward E Williams
Director
Period of report
Nov 19, 2018
Accepted (ET)
Nov 20, 2018 · 8:12 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,F2 | Nov 19, 2018 | W | 19,432 | $0.00 | A | 366,450 | I | KPW Family Ltd Partnership |
| Common StockF3 | holding | — | — | — | 14,999 | I | PAW Family Ltd Partnership | |
| Common StockF4 | holding | — | — | — | 37,038 | I | Good Earth Tools, Inc. | |
| Common Stock | holding | — | — | — | 130,194 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The acquired shares being reported on this Form 4 are being distributed from the PAW Trust to the KPW FLP in connection with the reporting person's inheritance of shares from the estate of the reporting person's mother. The reporting person previously reported obtaining an indirect beneficial ownership interest in 9,716 shares that were in the PAW Trust and in which the reporting person had a personal pecuniary interest. Those 9,716 shares and the additional 19,432 shares being reported herein have now been distributed to the KPW FLP, thereby increasing the reporting person's indirect beneficial ownership of shares held in the KPW FLP. As a general partner of the KPW FLP, the reporting person reports an indirect beneficial ownership interest in all shares held by the KPW FLP even though he does not have a pecuniary interest in all such shares.
- F2Mr. Williams is a general partner of the KPW FLP.
- F3Mr. Williams is a general partner of the PAW FLP.
- F4Mr. Williams owns 33% of the outstanding shares of Good Earth Tools, Inc. and is an executive officer of that entity.