ESCALADE INC — Director's Dealing 2005

Mar 1, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESCALADE INC (esca)
CIK: 0000033488
Period of Report: 2005-02-28

Reporting Person: MATTHEWS BLAINE E JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-02-28	Common Stock	F	500	$13.98	Disposed	253810	Direct
2005-02-28	Common Stock	M	2400	$2.915	Acquired	256210	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-02-28	Directors Non-Qualified Stock Option Plan	$2.915	M	2400	Disposed	2005-04-29	Common Stock (2400)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	84000	Indirect

Footnotes

F1: Shares tendered to Escalade Inc. in connection with the exercise of stock options.

F2: Exercise option to purchase shares under the 1997 Director Stock Option Plan.

F3: The exercise price of outstanding options range from $3.80 to $17.24 per share.