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ESCALADE INC Director's Dealing 2006

Apr 26, 2006

33800_dirs_2006-04-25_f023c0df-c2da-4379-ad8e-d713df9b573e.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: 2006-04-24

Reporting Person: MATTHEWS BLAINE E JR (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2006-04-24 Common Stock A 2305 $13.88 Acquired 258704 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2006-04-24 Non-Qualified Stock Option $11.26 A 1152 Acquired 2011-04-24 Common Stock (1152) Direct
2006-04-24 Non-Qualified Stock Option $11.26 A 2000 Acquired 2011-04-24 Common Stock (2000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 83000 Indirect
Common Stock 2000 Indirect

Footnotes

F1: Shares awarded as director compensation in lieu of cash pursuant to the 1977 Directors Stock Compensation and Option Plan.

F2: Mr. Matthews disclaims beneficial ownership of shares owned by his adult children.

F3: Options granted pursuant to the 1997 Directors Stock Compensation and Option Plan. These options vest and are exercisable one year after grant at $11.26 per share; and expire five years from date of grant.

F4: Options granted to independent directors pursuant to a shareholder vote on April 22, 2006. Options vest one year from date of grant, expire 5 years from date of grant, and are exercisable at $11.26 per share.