UNITED STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO
SECTION 13 OR 15(D) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) March 31, 2009
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ESCALADE, INCORPORATED |
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(Exact Name of Registrant as Specified in Its Charter) |
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Indiana |
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(State or Other Jurisdiction of Incorporation) |
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0-6996 |
13-2739290 |
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(Commission File Number) |
(IRS Employer Identification No.) |
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817 Maxwell Ave, Evansville, Indiana |
47711 |
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(Address of Principal Executive Offices) |
(Zip Code) |
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(812) 467-1334 |
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(Registrant’s Telephone Number, Including Area Code) |
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(Former Name or Former Address, if Changed Since Last Report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Section 5 – Corporate Governance and Management
Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On March 31, 2009, after reviewing recommendations from the Compensation Committee, the independent members of the Board of Directors approved the following stock option grants for key executives of the Company for 2009:
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Officer |
Title |
Stock Option Grants |
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Robert J. Keller |
President & CEO |
125,000 |
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Deborah J. Meinert |
Vice President Finance, CFO & Secretary |
45,000 |
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The stock options were granted pursuant to the Escalade, Incorporated 2007 Incentive Plan. The stock options will vest on March 31, 2012 and will expire on March 31, 2014.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, Escalade, Incorporated has duly caused this report to be signed on its behalf in Evansville, Indiana by the undersigned hereunto duly authorized.
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Date: April 6, 2009 |
ESCALADE, INCORPORATED |
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By: /s/ Deborah J. Meinert |
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Vice President Finance, Chief Financial Officer and Secretary |
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EXHIBIT INDEX
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Exhibit No. |
Description |
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10.1 |
Form of Stock Option Award Agreement utilized in Stock Option grants pursuant to the Escalade, Incorporated 2007 Incentive Plan |
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