ESCALADE INC — Director's Dealing 2007

Feb 26, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESCALADE INC (ESCA)
CIK: 0000033488
Period of Report: 2007-02-26

Reporting Person: Messmer Daniel (President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-02-26	Common Stock	M	7500	$52388	Acquired	106488	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-02-27	Incentive Stock Option Plan	$6.99	M	7500	Disposed	2008-02-21	Common Stock (7500)	Direct

Footnotes

F1: Excercise option to purchase shares under the 1997 Incentive Stock Option Plan.

F2: Options exercised were granted pursuant to the 1997 Incentive Stock Option plan on 02/21/2003, vested and became excercisable in equal instalments over four years. The options expire 5 years from date of grant.

F3: Options range in value from $11.08 to $19.21 per share.