Richard F. Baalmann JR - Mar 2, 2023 Form 4 Insider Report for ESCALADE INC (ESCA)

Role
Director
Signature
/s/ RICHARD F. BAALMANN, JR.
Stock symbol
ESCA
Transactions as of
Mar 2, 2023
Transactions value $
$0
Form type
4
Date filed
3/6/2023, 04:00 PM
Previous filing
May 11, 2022
Next filing
May 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESCA Common Stock Options Exercise +2.5K +2.35% 109K Mar 2, 2023 Direct F1
transaction ESCA Common Stock Options Exercise +1.67K +1.53% 110K Mar 4, 2023 Direct F1

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 -2.5K -50% $0.00 2.5K Mar 2, 2023 Common Stock 2.5K Direct F1, F2, F3
transaction ESCA Restricted Stock Units Options Exercise $0 -1.67K -100% $0.00* 0 Mar 4, 2023 Common Stock 1.67K Direct F1, F2, F4
* 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 Each RSU represents a right to receive one share of Escalade common stock pursuant to the Escalade, Incorporated 2017 Incentive Plan (Escalade 2017 Plan).
F3 On March 2, 2022, the reporting person was granted 5,000 RSUs pursuant to the Escalade 2017 Plan, of which 2,500 RSUs vested and settled on March 2, 2023, as reported on this Form 4. The remaining 2,500 RSUs will vest on March 2, 2024, provided that the reporting person remains a director of Escalade. All RSUs settle in shares of ESCA common stock.
F4 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 previously reported. The remaining 1,667 RSUs vested on March 4, 2023 and settled on March 6, 2023, as reported in this Form 4. All RSUs settle in shares of ESCA common stock.