ESCALADE INC — Director's Dealing 2006

Mar 9, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESCALADE INC (ESCA)
CIK: 0000033488
Period of Report: 2006-03-09

Reporting Person: WILLIAMS KEITH P (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-03-09	Common Stock	M	2108	$3.8	Acquired	186041	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-03-09	Non-Qualified Stock Option	$3.8	M	2108	Disposed	2006-04-28	Common Stock (2108)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11487	Indirect

Footnotes

F1: Shares issued upon exercise of non-qualified options issued under the 1997 Director Stock Compensation and Option Plan.

F2: Exercise of non-qualtified stock options granted under the 1997 Director Stock Compensation and Option Plan.

F3: Non-Qualified Stock Options: 914 options are exercisable at $10.68 per share and 565 options are exercisable at $13.88 per share. These options expire on 04/27/2007 and 04/26/2009, respectively.