ESCALADE INC
For the period ended May 8, 2024. Filed Mar 29, 2024.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
May 8, 2024 · Filed Mar 29, 2024
Use the contents to explore the available documents and sections.
Contents
Compensation Program; Mix of Pay Components
Consistent with the above philosophy, the Compensation Committee currently utilizes the following components of compensation for the Company’s named executive officers:
| ● | Base salary; |
| ● | Annual incentive cash bonuses; |
| ● | Long-term equity incentives, historically in the form of stock options and/or restricted stock units; and |
| ● | Health, welfare and other benefits |
Executive compensation is based on a pay-for-performance philosophy. Consequently, a significant portion of annual and long-term compensation for the named executive officers is at-risk. This provides additional upside potential and downside risk for the Company’s named executive officers, including the Chief Executive Officer and Chief Financial Officer, recognizing that the individuals serving in these roles have greater influence on the performance of the Company.
Other than employees working under a collective bargaining agreement, all employees of the Company, including the named executive officers, are employed at will.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.