ESCALADE INC 4
4 · ESCALADE INC · Filed Mar 1, 2016
Insider Transaction Report
Form 4
ESCALADE INCESCA
Savitsky George
Director
Transactions
- Exercise/Conversion
Common Stock
2016-02-27+1,000→ 46,000 total - Exercise/Conversion
Restricted Stock Units
2016-02-27−1,000→ 1,000 total→ Common Stock (1,000 underlying) - Award
Restricted Stock Units
2016-02-26+2,650→ 2,650 total→ Common Stock (2,650 underlying)
Footnotes (4)
- [F1]Restricted Stock Units (RSUs) converted into common stock on a one-for-one basis.
- [F2]On February 27, 2015, the reporting person was granted 2,000 RSUs which vested one half on February 27, 2016, and were settled in shares of common stock as reported in this Form 4. The remaining 1,000 RSUs will vest on February 27, 2017 provided the reporting person remains a director through that date.
- [F3]Each RSU represents a right to receive one share of ESCA common stock granted pursuant to the Escalade, Incorporated 2007 Incentive Plan.
- [F4]On February 26, 2016, the reporting person was granted 2,650 RSUs which will vest one half on February 26, 2017 and one half on February 26, 2018, provided that the reporting person remains a director. Vested shares will be delivered to the reporting person at such unless the reporting person has deferred receipt.