Anita Sehgal - 28 Apr 2023 Form 4 Insider Report for ESCALADE INC (ESCA)

Role: Director
Signature: /s/ ANITA SEHGAL
Issuer symbol: ESCA
Transactions as of: 28 Apr 2023
Net transactions value: $0
Form type: 4
Filing time: 28 Apr 2023, 17:00:09 UTC
Previous filing: 13 May 2022
Next filing: 11 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ESCA	Common Stock	Award		+2,500	+264%		3,447	28 Apr 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	-2,500	-50%	$0.000000	2,500	28 Apr 2023	Common Stock	2,500		Direct	F1, F2, F3

* 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 ESCA common stock granted pursuant to the Escalade, Incorporated 2017 Incentive Plan (Escalade 2017 Plan).
F3	On April 28, 2022, the reporting person was granted 5,000 RSUs pursuant to the Escalade 2017 Plan, of which 2,500 RSUs vested and settled on April 28, 2023, as reported in this Form 4. The remaining 2,500 RSUs will vest and settle on April 28, 2024, provided that the reporting person remains a director of Escalade as of such vesting date. All RSUs settle in shares of ESCA common stock.