ESCALADE INC — Director's Dealing 2020

May 15, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESCALADE INC (ESCA)
CIK: 0000033488
Period of Report: 2020-05-13

Reporting Person: WHITE RICHARD (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-13	Common Stock	M	1425	—	Acquired	156621	Direct
2020-05-13	Common Stock	M	5000	—	Acquired	161621	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-13	Restricted Stock Units	$	M	1425	Disposed		Common Stock (1425)	Direct
2020-05-13	Restricted Stock Units	$	M	5000	Disposed		Common Stock (5000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2180	Indirect
Common Stock	2180	Indirect

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 2017 Incentive Plan (Escalade 2017 Plan).

F3: On March 6, 2019, the reporting person was granted 2,850 RSUs pursuant to the Escalade 2017 Plan, of which 1,425 RSUs vested and settled on March 6, 2020, as previously reported. The remaining 1,425 RSUs vested and settled immediately prior to the reporting person's retirement as a director of Escalade on May 13, 2020, as reported in this Form 4. All RSUs were settled in shares of ESCA common stock.

F4: On March 4, 2020, the reporting person was granted 5,000 RSUs pursuant to the Escalade 2017 Plan, as previously reported. All 5,000 RSUs vested and settled immediately prior to the reporting person's retirement as a director of Escalade on May 13, 2020, as reported in this Form 4. All RSUs were settled in shares of ESCA common stock.