4//SEC Filing
Sincerbeaux Scott J 4
Accession 0001179110-20-005222
CIK 0000033488other
Filed
Apr 27, 8:00 PM ET
Accepted
Apr 28, 9:02 PM ET
Size
7.9 KB
Accession
0001179110-20-005222
Insider Transaction Report
Form 4
ESCALADE INCESCA
Sincerbeaux Scott J
CEO & President
Transactions
- Exercise/Conversion
Common Stock
2020-04-27+35,000→ 35,000 total - Exercise/Conversion
Restricted Stock Units
2020-04-27+45,669→ 45,669 totalExp: 2023-03-04→ Common Stock (45,669 underlying)
Footnotes (3)
- [F1]On April 27, 2020, the reporting person was granted 35,000 restricted shares of Escalade, Incorporated ("Escalade") common stock upon his commencement of employment with Escalade. The restricted shares were granted under the Escalade, Incorporated 2017 Incentive Plan (the "Plan"). Subject to the reporting person's continued employment with Escalade, the restrictions will lapse 40% on April 27, 2021, 30% on April 27, 2022, and 30% on April 27, 2023. .
- [F2]Each Restricted Stock Unit (RSU) represents a right to receive one share of Escalade common stock pursuant to the Plan. Shares will be delivered to the reporting person upon vesting of the applicable RSUs, unless the reporting person defers receipt.
- [F3]On April 27, 2020, the reporting person was granted 45,669 RSUs under the Plan, of which 60% will vest upon continued employment in one third increments on each of March 4, 2021, March 4, 2022, and March 4, 2023, and 40% will vest upon continued employment and the satisfaction of certain performance targets in one third increments on those same dates. The performance targets have been established by the Compensation Committee of Escalade's Board of Directors.
Documents
Issuer
ESCALADE INC
CIK 0000033488
Entity typeother
Related Parties
1- filerCIK 0001810183
Filing Metadata
- Form type
- 4
- Filed
- Apr 27, 8:00 PM ET
- Accepted
- Apr 28, 9:02 PM ET
- Size
- 7.9 KB