ESCALADE INC — Director's Dealing 2009

May 26, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESCALADE INC (ESCA)
CIK: 0000033488
Period of Report: 2009-04-27

Reporting Person: WHITE RICHARD (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-04-27	Common Stock	A	1250	$0.88	Acquired	21943	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-04-27	Restricted Stock Units	$	A	1250	Acquired		Common Stock (1250)	Direct

Footnotes

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

F2: 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.

F3: Restricted stock units that vested on April 27, 2009 were settled by the issuance of common stock on that date.

F4: Composed of 20,564 restricted stock units that will vest and be settled on December 31, 2009; and 20,361 units that will vest and be settled on December 31, 2010.