Walter P. Glazer Jr. - 01 Jan 2024 Form 4 Insider Report for ESCALADE INC (ESCA)

Role: CEO & PRESIDENT, Director
Signature: /s/ WALTER P. GLAZER, JR.
Issuer symbol: ESCA
Transactions as of: 01 Jan 2024
Net transactions value: $0
Form type: 4
Filing time: 02 Jan 2024, 20:00:09 UTC
Previous filing: 06 Mar 2023
Next filing: 05 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ESCA	Common Stock	Options Exercise		+18,051	+5%		375,810	01 Jan 2024	Direct	F1
holding	ESCA	Common Stock						8,500	01 Jan 2024	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	Exercise Price	Ownership	Footnotes
transaction	ESCA	Restricted Stock Units	Options Exercise	$0	-18,051	-50%	$0.000000	18,051	01 Jan 2024	Common Stock	18,051		Direct	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 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").
F3	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 vest in one third increments on each of January 1, 2023, January 1, 2024, and January 1, 2025. The January 1, 2023 vesting of 18,050 RSUs was previously reported and another 18,051 RSUs vested and settled on January 1, 2024 as reported herein. The remaining 18,051 RSUs will vest on January 1, 2025.