ESCALADE INC — Director's Dealing 2016

Mar 1, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESCALADE INC (ESCA)
CIK: 0000033488
Period of Report: 2016-02-26

Reporting Person: Savitsky George (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-27	Common Stock	M	1000	—	Acquired	46000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-02-27	Restricted Stock Units	$	M	1000	Disposed		Common Stock (1000)	Direct
2016-02-26	Restricted Stock Units	$	A	2650	Acquired		Common Stock (2650)	Direct

Footnotes

F1: Restricted Stock Units (RSUs) converted into common stock on a one-for-one basis.

F2: On February 27, 2015, the reporting person was granted 2,000 RSUs which vested one half on February 27, 2016, and were settled in shares of common stock as reported in this Form 4. The remaining 1,000 RSUs will vest on February 27, 2017 provided the reporting person remains a director through that date.

F3: Each RSU represents a right to receive one share of ESCA common stock granted pursuant to the Escalade, Incorporated 2007 Incentive Plan.

F4: On February 26, 2016, the reporting person was granted 2,650 RSUs which will vest one half on February 26, 2017 and one half on February 26, 2018, provided that the reporting person remains a director. Vested shares will be delivered to the reporting person at such unless the reporting person has deferred receipt.