ESCALADE INC — Director's Dealing 2009

May 26, 2009

SEC Form 4/A — Form 4/A

Issuer: ESCALADE INC (ESCA)
CIK: 0000033488
Period of Report: 2009-04-24

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-04-27	Common Stock	A	1250	$0.88	Acquired	359908	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-04-24	Non-Qualified Stock Options	$0.89	A	5000	Acquired	2014-04-24	Common Stock (5000)	Direct
2009-04-27	Restricted Stock Units	$	A	1250	Disposed		Common Stock (1250)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	206462	Indirect
Common Stock	959796	Indirect

Footnotes

F1: Shares issued are in settlement of restricted stock units that vested on April 27, 2009.

F2: Mr. Robert Griffin disclaims beneficial interest in shares held by his adult children.

F3: Options awarded pursuant to the Escalade, Incorporated 2007 Incentive Plan. These options vest and are exercisable one year after grant at $0.89 per share and expire five years from date of grant.

F4: Each restricted stock unit represents a contingent right to receive one share of ESCA common stock granted pursuant to the Escalade, Incorporated 2007 Incentive Plan.

F5: Restricted stock units that vested on April 27, 2009 were settled by the issuance of common stock on that date.