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ESCALADE INC Director's Dealing 2007

Aug 13, 2007

33800_dirs_2007-08-13_39cca4e3-2464-4da5-a55a-17f0353a4ae4.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESCALADE INC (ESCA)
CIK: 0000033488
Period of Report: 2007-08-01

Reporting Person: Keller Robert J (Pesident & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-08-10 Common Stock P 10000 $8.616 Acquired 10000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-08-01 Restricted Stock Units $ A 25000 Acquired Common Stock (25000) Direct

Footnotes

F1: Each restricted stock unit (RSU) represents a contingent right to receive one share of ESCA common stock granted pursuant to the Escalade, Incorporate 2007 Incentive Plan.

F2: The RSUs will vest at the end of a three year period provided that the reporting person is still employed by the company and the company's common stock has achieved certain market performance tests. The market performance tests have been established by the Compensation Committee of the Board of Directors of the Company. Vested shares will be delivered to the reporting person at such time unless the reporting person has elected to defer receipt.