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 | +54.2K | $0.00 | 54.2K | Jan 1, 2022 | Common Stock | 54.2K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each Restricted Stock Unit (RSU) represents a right to receive one share of Escalade common stock pursuant to the Escalade, Incorporated 2017 Incentive Plan (the "Plan"). Shares will be delivered to the reporting person upon vesting of the applicable RSUs, unless the reporting person defers receipt. |
F2 | On January 1, 2022, the reporting person was granted 54,152 RSUs under the Plan upon his commencement of full-time employment as Escalade's CEO and President. The RSUs will vest in one third increments on each of January 1, 2023, January 1, 2024, and January 1, 2025. |
This amendment is being filed solely to correct an error in footnote 2 as to the number of RSUs granted.