ESCALADE INC — Director's Dealing 2015

Jan 2, 2015

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ESCALADE INC (ESCA)
CIK: 0000033488
Period of Report: 2014-12-28

Reporting Person: Wawrin Stephen (Chief Financial Officer)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to acquire Common Stock	$6.07	2016-03-01	Common Stock (1500)		Direct
Option to acquire Common Stock	$5.28	2017-03-02	Common Stock (3500)		Direct
Option to acquire Common Stock	$5.85	2018-03-01	Common Stock (3000)		Direct
Restricted Stock Unit	$0	2018-02-27	Common Stock (2000)		Direct

Footnotes

F1: Each stock option has been granted pursuant to the Escalade Incorporated 2007 Incentive Plan and will vest in full on March 1, 2015.

F2: Each stock option has been granted pursuant to the Escalade Incorporated 2007 Incentive Plan and will vest 50% on March 2, 2015 and the remainder on March 2, 2016.

F3: Each stock option has been granted pursuant to the Escalade Incorporated 2007 Incentive Plan and will vest one-third on each of March 1, 2015, 2016 and 2017.

F4: Each Restricted Stock Unit represents a contingent right to receive one share of ESCA common stock pursuant to the Escalade Incorporated 2007 Incentive Plan.

F5: The Restricted Stock Units will vest one-third on each of February 27, 2016, 2017 and 2018, provided that the reporting person is still employed by the company as of such date. Vested shares will be delivered to the reporting person at the time of vesting.