ESCALADE INC — Director's Dealing 2015

Dec 9, 2015

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ESCALADE INC (ESCA)
CIK: 0000033488
Period of Report: 2015-12-07

Reporting Person: Fetherman David L. (Director, CEO and President)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	100054	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options	$5.28	2017-03-02	Common Stock (5750)		Direct
Stock Options	$5.85	2018-03-01	Common Stock (8000)		Direct
Restricted Stock Units	$0	2018-02-27	Common Stock (9000)		Direct
Restricted Stock Units	$0	2019-02-27	Common Stock (6900)		Direct

Footnotes

F1: Stock options initially granted on March 2, 2012 that vest twenty five percent annually on each March 2 with the final increment vesting on March 2, 2016.

F2: Stock options initially granted on March 1, 2013 that vest twenty five percent annually on each March 1 with the final increment vesting on March 1, 2017.

F3: The restricted stock units were initially granted on February 27, 2014 and vest one third on each of February 27, 2016, February 27, 2017 and February 27, 2018 provided that the reporting person is still employed by the company as of such date and company's common stock has achieved certain market performance tests established by the Compensation Committee of the Board of Directors. Vested shares of common stock will be delivered to the reporting person as the time the units vest.

F4: The restricted stock units were initially granted on February 27, 2015 and vest one third on each of February 27, 2017, February 27, 2018 and February 27, 2019 provided that the reporting person is still employed by the company as of such date and the company's common stock has achieved certain market performance tests established by the Compensation Committee of the Board of Directors. Vested shares of common stock will be delivered to the reporting person at the time the units vest.