ESCALADE INC — Director's Dealing 2006

Mar 7, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESCALADE INC (ESCA)
CIK: 0000033488
Period of Report: 2006-03-06

Reporting Person: REED C W BILL (Director, President & CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-03-06	Incentive Stock Option	$11.08	A	20000	Acquired	2011-03-06	Common Stock (20000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	797716	Direct
Common Stock	7857	Indirect

Footnotes

F1: Options granted pursuant to the 1997 Incentive Stock Option Plan.

F2: Exercise price varies based on date of grant; ranging from $6.99 to $19.21.

F3: Shares owned by Adult Children of Mr. Reed. Mr. Reed disclaims any beneficial interest in these shares.