Walter P. Glazer Jr. - Mar 2, 2022 Form 4/A - Amendment Insider Report for ESCALADE INC (ESCA)

Role
CEO & PRESIDENT, Director
Signature
/s/ WALTER P. GLAZER, JR.
Stock symbol
ESCA
Transactions as of
Mar 2, 2022
Transactions value $
$65,933
Form type
4/A - Amendment
Date filed
3/7/2022, 04:16 PM
Date Of Original Report
Mar 4, 2022
Previous filing
Jan 6, 2022
Next filing
Jan 3, 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESCA Common Stock Options Exercise +2.5K +0.89% 284K Mar 4, 2022 Direct F1
transaction ESCA Common Stock Options Exercise +1.67K +0.59% 286K Mar 4, 2022 Direct F1
transaction ESCA Common Stock Purchase $43.5K +3.31K +1.16% $13.13 289K Mar 4, 2022 Direct F2
transaction ESCA Common Stock Purchase $22.4K +1.69K +0.58% $13.29 291K Mar 3, 2022 Direct F3
holding ESCA Common Stock 8.5K Mar 2, 2022 Shares held by spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ESCA Restricted Stock Units Award $0 +75K $0.00 75K Mar 2, 2022 Common Stock 75K Direct F4, F5
transaction ESCA Restricted Stock Units Options Exercise $0 -2.5K -100% $0.00* 0 Mar 4, 2022 Common Stock 2.5K Direct F1, F4, F6
transaction ESCA Restricted Stock Units Options Exercise $0 -1.67K -49.98% $0.00 1.67K Mar 4, 2022 Common Stock 1.67K Direct F1, F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units (RSUs) converted into common stock on a one-for-one basis.
F2 This transaction was executed in multiple trades at prices ranging from $12.97 to $13.44. The price reported reflects the weighted average purchase price. The reporting person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which this transaction was effected.
F3 This transaction was executed in multiple trades at prices ranging from $13.20 to $13.30. The price reported reflects the weighted average purchase price. The reporting person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which this transaction was effected.
F4 Each RSU represents a right to receive one share of Escalade common stock pursuant to the Escalade, Incorporated 2017 Incentive Plan (Escalade 2017 Plan).
F5 On March 2, 2022, the reporting person was granted 75,000 RSUs pursuant to the Escalade 2017 Plan, of which one third will vest on March 2, 2023, one third on March 2, 2024 and one third on March 2, 2025, provided that the reporting person remains an officer of Escalade.
F6 On March 4, 2020, the reporting person was granted 5,000 RSUs pursuant to the Escalade 2017 Plan, of which 2,500 RSUs vested and settled on March 4, 2021. The remaining 2,500 RSUs vested and settled on March 4, 2022, as reported on this Form 4. All RSUs settle in shares of ESCA common stock.
F7 On March 4, 2021, the reporting person was granted 3,333 RSUs pursuant to the Escalade 2017 Plan, of which 1,666 RSUs vested and settled on March 4, 2022, as reported in this Form 4. The remaining 1,667 RSUs will vest and settle on March 4, 2023, provided that the reporting person remains a director of Escalade as of such vesting date. All RSUs settle in shares of ESCA common stock.

Remarks:

This amendment is filed(1) to report the 3/3/22 open market purchases of shares which information was inadvertently omitted from the original filing, and (2) to correct the number of RSUs granted to the reporting person on 3/2/22 and other information and the footnote relating thereto.