Fetherman David L. 4
4 · ESCALADE INC · Filed Mar 9, 2020
Insider Transaction Report
Form 4
ESCALADE INCESCA
Fetherman David L.
DirectorCEO and President
Transactions
- Exercise/Conversion
Restricted Stock Units
2020-03-08−1,166→ 5,834 totalExp: 2022-03-08→ Common Stock (1,166 underlying) - Exercise/Conversion
Common Stock
2020-03-08+1,166→ 107,752 total
Footnotes (3)
- [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 ESCA common stock pursuant to the Escalade, Incorporated 2017 Incentive Plan. Shares will be delivered to the reporting person upon vesting of the applicable RSUs, unless the reporting person defers receipt.
- [F3]On March 8, 2018, the reporting person was granted 7,000 RSUs, one sixth (1,166) of which vested and settled on March 8,2020 as reported in this Form 4. The remaining 5,834 RSUs will vest 1,166 on the reporting person's retirement date, 2,334 on March 8, 2021, and 2,334 on March 8, 2022, provided that the reporting person is still an Escalade employee or consultant on the applicable vesting date.