Fetherman David L. 4
4 · ESCALADE INC · Filed Feb 27, 2020
Insider Transaction Report
Form 4
ESCALADE INCESCA
Fetherman David L.
DirectorCEO and President
Transactions
- Exercise/Conversion
Common Stock
2020-02-26+2,267→ 106,586 total - Exercise/Conversion
Restricted Stock Units
2020-02-26−2,267→ 0 total→ Common Stock (2,267 underlying)
Footnotes (3)
- [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 2007 Incentive Plan ("Escalade 2007 Plan").
- [F3]On February 26, 2016, Mr. Fetherman was granted 6,800 RSUs pursuant to the Escalade 2007 Plan. As previously reported, 2,266 RSUs vested and settled on June 26, 2018 and another 2,267 RSUs vested and settled on February 26, 2019. The remaining 2,267 RSUs vested and settled on February 26, 2020 as reported in this Form 4. Vesting for all 6,800 RSUs was subject to his continued employment and to ESCA common stock achieving certain market performance tests, which tests have been satisfied. All RSUs were settled in shares of ESCA common stock.