ESCALADE INC — Director's Dealing 2006

Apr 19, 2006

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ESCALADE INC (ESCA)
CIK: 0000033488
Period of Report: 2006-04-19

Reporting Person: Messmer Daniel (Chief Operating Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	98988	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Incentive Stock Options	$14.07	2011-03-06	Common Stock (102500)		Direct

Footnotes

F1: A total of 102,500 incentive stock options are outstanding. These were granted as follows:
7,500 options granted 02/21/2003 at $6.985 per share
30,000 options granted 02/16/2004 at $19.21 per share
40,000 options granted 02/28/2005 at $13.40 per share
25,000 options granted 03/06/2006 at $11.08 per share

F2: Outstanding options vest over 4 years and are exercisable upon vesting. Options expire 5 years after date of grant.