Fetherman David L. 4
4 · ESCALADE INC · Filed Feb 27, 2019
Insider Transaction Report
Form 4
ESCALADE INCESCA
Fetherman David L.
DirectorCEO and President
Transactions
- Exercise/Conversion
Common Stock
2019-02-26+2,267→ 112,562 total - Exercise/Conversion
Common Stock
2019-02-27+2,300→ 114,862 total - Exercise/Conversion
Restricted Stock Units
2019-02-26−2,267→ 2,267 total→ Common Stock (2,267 underlying) - Exercise/Conversion
Restricted Stock Units
2019-02-27−2,300→ 0 total→ Common Stock (2,300 underlying)
Footnotes (4)
- [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. 2,266 RSUs vested and settled on June 26, 2018, as previously reported. On February 26, 2019, 2,267 RSUs vested and settled, as reported on this Form 4. The remaining 2,267 RSUs will vest and settle on February 26, 2020 provided that Mr. Fetherman remains employed by Escalade. Vesting for all 6,800 RSUs was also subject to ESCA common stock achieving certain market performance tests established by Escalade's Compensation Committee, which tests have been satisfied. All RSUs were settled in shares of ESCA common stock.
- [F4]On February 27, 2015, Mr. Fetherman was granted 6,900 RSUs pursuant to the Escalade 2007 Plan. 2,300 RSUs vested and settled on February 27, 2017 and another 2,300 RSUs vested and settled on February 27, 2018, as previously reported. The remaining 2,300 RSUs vested and settled on February 27, 2019 as reported in this Form 4. Vesting for all 6,900 RSUs was subject to ESCA common stock achieving certain market performance tests established by Escalade's Compensation Committee, which tests have been satisfied. All RSUs were settled in shares of ESCA common stock.