ESCALADE INC — Director's Dealing 2016

Aug 19, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESCALADE INC (esca)
CIK: 0000033488
Period of Report: 2016-08-17

Reporting Person: Griffin Patrick J (Director, Vice President, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-08-17	Common Stock	M	3000	$5.85	Acquired	499130.229	Direct
2016-08-17	Common Stock	M	8000	$5.28	Acquired	507130.229	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-08-17	Stock Options	$5.85	M	3000	Disposed	2018-03-01	Common Stock (3000)	Direct
2016-08-17	Stock Options	$5.28	M	8000	Disposed	2017-03-02	Common Stock (8000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1287465	Indirect

Footnotes

F1: Shares issued pursuant to the exercise of stock options under the Escalade, Incorporated 2007 Incentive Plan.

F2: Mr. Patrick Griffin disclaims beneficial ownership in shares held by the family limited partnership except to the extent of his pecuniary interest therein. All shares held by the family limited partnership are also deemed to be owned by Mr. Robert Griffin, the father of Patrick Griffin, which shares have been and continue to also be included by Robert Griffin in his Section 16 reports.

F3: Stock options initially granted on March 1, 2013 that vest 25% annually on each March 1 with the final increment vesting on March 1, 2017.

F4: Stock options initially granted on March 2, 2012 that vested 25% annually on each March 2 with the final increment having vested on March 2, 2016.