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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (1) (2) | 06/26/2018 | M | 1,366 | (3) | (3) | Common Stock | 1,366 | $ 0 | 2,734 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Wawrin Stephen 817 MAXWELL AVENUE EVANSVILLE, IN 47711 |
Chief Financial Officer |
/s/STEPHEN WAWRIN | 06/27/2018 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Restricted Stock Units (RSUs) converted into common stock on a one-for-one basis. |
(2) | Each RSU represents a right to receive one share of ESCA common stock granted pursuant to the 2017 Escalade, Incorporated Incentive Plan ("Escalade 2007 Plan") |
(3) | On February 26, 2016, the reporting person was granted 4,100 RUSs pursuant to the Escalade 2007 Plan, which RSUs were to vest on each of February 26, 2018, February 26, 2019, and February 26, 2020, provided that the reporting person is still employed by the Company as of such date and ESCA common stock has achieved certain performance tests which were established by the Company's Compensation Committee of its Board of Directors. The market performance tests were satisfied as of June 26, 2018, thereby resulting in the vesting of the first one third of the RSUs as of that date. The vested RSUs were settled in shares of ESCA common stock. |