ESCALADE INC — Director's Dealing 2017

Feb 28, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESCALADE INC (esca)
CIK: 0000033488
Period of Report: 2017-02-26

Reporting Person: Savitsky George (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-26	Common Stock	M	1325	—	Acquired	47325	Direct
2017-02-27	Common Stock	M	1000	—	Acquired	48325	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-02-26	Restricted Stock Units	$	M	1325	Disposed		Common Stock (1325)	Direct
2017-02-27	Restricted Stock Units	$	M	1000	Disposed		Common Stock (1000)	Direct

Footnotes

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

F2: Each RSU represents a right to receive one share of ESCA common stock granted pursuant to the Escalade, Incorporated 2007 Incentive Plan. Vested shares will be delivered to the reporting person at such time unless the reporting person has deferred receipt.

F3: On February 26, 2016, the reporting person was granted 2,650 RSUs which vested one half on February 26, 2017 and were settled in shares of common stock as being reported on this Form 4. The remaining 1,325 RSUs will vest on February 26, 2018 provided the reporting person remains a director through that date.

F4: On February 27, 2015, the reporting person was granted 2,000 RSUs which vested one half on February 27, 2016 (as previously reported on Form 4) and one half on February 27, 2017 (as being reported on this Form 4). All RSUs were settled in shares of common stock.