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ESCALADE INC Director's Dealing 2006

Apr 28, 2006

33800_dirs_2006-04-27_6c1f9859-5556-433a-9793-e9c9bad8318e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESCALADE INC (ESCA)
CIK: 0000033488
Period of Report: 2006-04-26

Reporting Person: MATTHEWS BLAINE E JR (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2006-04-26 Common Stock F 768 $11.38 Disposed 257936 Direct
2006-04-26 Common Stock M 2304 $3.8 Acquired 260240 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2006-04-26 Non-Qualified Stock Option $3.8 M 2304 Acquired 2006-04-28 Common Stock (2304) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 83000 Indirect
Common Stock 2000 Indirect

Footnotes

F1: Shares tendered to Escalade, Incorporated in connection with the exercise of non-qualitied stock options.

F2: Purchased in the exercise of non-qualified stock options granted under the 1997 Director Stock Compensation and Option Plan.

F3: Mr. Matthews disclaims beneficial ownership of shares owned by his adult children.

F4: Options granted pursuant to the 1997 Directors Stock Compensation and Option Plan. These options vest and are exercisable one year after grant at prices ranging from $10.68 to $17.24; and expire five years from date of grant.