Katherine F. Franklin - May 14, 2021 Form 4 Insider Report for ESCALADE INC (ESCA)

Role: Director
Signature: /s/ KATHERINE F. FRANKLIN
Stock symbol: ESCA
Transactions as of: May 14, 2021
Transactions value $: $13,989
Form type: 4
Date filed: 5/18/2021, 04:11 PM
Next filing: Feb 23, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ESCA	Common Stock	Award	$14K	+588	+9.8%	$23.79	6.59K	May 14, 2021	Direct	F1
transaction	ESCA	Common Stock	Award		+1.43K	+21.63%		8.01K	May 15, 2021	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ESCA	Restricted Stock Units	Options Exercise	$0	-1.43K	-50%	$0.00	1.43K	May 15, 2021	Common Stock	1.43K		Direct	F2, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The grant of ESCA common stock is in lieu of cash compensation for services as a Director. The ESCA common stock is awarded pursuant to the Escalade, Incorporated 2017 Incentive Plan (Escalade 2017 Plan).
F2	Each Restricted Stock Unit (RSU) converted into common stock on a one-for-one basis.
F3	Each RSU represents a right to receive one share of ESCA common stock pursuant to the Escalade 2017 Plan. Shares will be delivered to the reporting person upon vesting of the applicable RSUs, unless the reporting person defers receipt.
F4	On May 15, 2020, the reporting person was granted 2,850 RSUs pursuant to the Escalade 2017 Plan, one-half (1,425) of which vested and settled on May 15, 2021 as reported in this Form 4. The remaining RSUs will vest on May 15, 2022, provided that the reporting person remains a director of Escalade as of such vesting date.