ESCALADE INC — Director's Dealing 2006

Jan 24, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESCALADE INC (ESCA)
CIK: 0000033488
Period of Report: 2006-01-24

Reporting Person: GRIFFIN ROBERT E (Director, Chairman, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-01-24	Common Stock	M	4018	$3.8	Acquired	506144	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-01-24	Common Stock Option	$3.8	M	4018	Disposed	2006-04-28	Common Stock (4018)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	944316	Indirect
Common Stock	1800000	Indirect
Common Stock	67692	Indirect

Footnotes

F1: Shares issued pursuant to the exercise of options under the 1997 Director Compensation and Stock Option Plan.

F2: Mr. Griffin disclaims beneficial ownership interest of shares held by his adult children.

F3: Exercise price of outstanding stock options is $17.24 per share.