Walter P. Glazer Jr. - Mar 2, 2022 Form 4/A - Amendment Insider Report for ESCALADE INC (ESCA)

Role: CEO & PRESIDENT, Director
Signature: /s/ WALTER P. GLAZER, JR.
Stock symbol: ESCA
Transactions as of: Mar 2, 2022
Transactions value $: $65,933
Form type: 4/A - Amendment
Date filed: 3/7/2022, 04:16 PM
Date Of Original Report: Mar 4, 2022
Previous filing: Jan 6, 2022
Next filing: Jan 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ESCA	Common Stock	Options Exercise		+2.5K	+0.89%		284K	Mar 4, 2022	Direct	F1
transaction	ESCA	Common Stock	Options Exercise		+1.67K	+0.59%		286K	Mar 4, 2022	Direct	F1
transaction	ESCA	Common Stock	Purchase	$43.5K	+3.31K	+1.16%	$13.13	289K	Mar 4, 2022	Direct	F2
transaction	ESCA	Common Stock	Purchase	$22.4K	+1.69K	+0.58%	$13.29	291K	Mar 3, 2022	Direct	F3
holding	ESCA	Common Stock						8.5K	Mar 2, 2022	Shares held by spouse

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

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Ownership	Footnotes
transaction	ESCA	Restricted Stock Units	Award	$0	+75K		$0.00	75K	Mar 2, 2022	Common Stock	75K	Direct	F4, F5
transaction	ESCA	Restricted Stock Units	Options Exercise	$0	-2.5K	-100%	$0.00^*	0	Mar 4, 2022	Common Stock	2.5K	Direct	F1, F4, F6
transaction	ESCA	Restricted Stock Units	Options Exercise	$0	-1.67K	-49.98%	$0.00	1.67K	Mar 4, 2022	Common Stock	1.67K	Direct	F1, F4, F7

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

Explanation of Responses:

Id	Content
F1	Restricted Stock Units (RSUs) converted into common stock on a one-for-one basis.
F2	This transaction was executed in multiple trades at prices ranging from $12.97 to $13.44. The price reported reflects the weighted average purchase price. The reporting person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which this transaction was effected.
F3	This transaction was executed in multiple trades at prices ranging from $13.20 to $13.30. The price reported reflects the weighted average purchase price. The reporting person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which this transaction was effected.
F4	Each RSU represents a right to receive one share of Escalade common stock pursuant to the Escalade, Incorporated 2017 Incentive Plan (Escalade 2017 Plan).
F5	On March 2, 2022, the reporting person was granted 75,000 RSUs pursuant to the Escalade 2017 Plan, of which one third will vest on March 2, 2023, one third on March 2, 2024 and one third on March 2, 2025, provided that the reporting person remains an officer of Escalade.
F6	On March 4, 2020, the reporting person was granted 5,000 RSUs pursuant to the Escalade 2017 Plan, of which 2,500 RSUs vested and settled on March 4, 2021. The remaining 2,500 RSUs vested and settled on March 4, 2022, as reported on this Form 4. All RSUs settle in shares of ESCA common stock.
F7	On March 4, 2021, the reporting person was granted 3,333 RSUs pursuant to the Escalade 2017 Plan, of which 1,666 RSUs vested and settled on March 4, 2022, as reported in this Form 4. The remaining 1,667 RSUs will vest and settle on March 4, 2023, provided that the reporting person remains a director of Escalade as of such vesting date. All RSUs settle in shares of ESCA common stock.

Remarks:

This amendment is filed(1) to report the 3/3/22 open market purchases of shares which information was inadvertently omitted from the original filing, and (2) to correct the number of RSUs granted to the reporting person on 3/2/22 and other information and the footnote relating thereto.