ESCALADE INC — Director's Dealing 2021

May 18, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESCALADE INC (ESCA)
CIK: 0000033488
Period of Report: 2021-05-14

Reporting Person: Franklin Katherine F. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-14	Common Stock	A	588	$23.79	Acquired	6588	Direct
2021-05-15	Common Stock	A	1425	—	Acquired	8013	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-15	Restricted Stock Units	$	M	1425	Disposed	2022-05-15	Common Stock (1425)	Direct

Footnotes

F1: The grant of ESCA common stock is in lieu of cash compensation for services as a Director. The ESCA common stock is awarded pursuant to the Escalade, Incorporated 2017 Incentive Plan (Escalade 2017 Plan).

F2: Each Restricted Stock Unit (RSU) converted into common stock on a one-for-one basis.

F3: Each RSU represents a right to receive one share of ESCA common stock pursuant to the Escalade 2017 Plan. Shares will be delivered to the reporting person upon vesting of the applicable RSUs, unless the reporting person defers receipt.

F4: On May 15, 2020, the reporting person was granted 2,850 RSUs pursuant to the Escalade 2017 Plan, one-half (1,425) of which vested and settled on May 15, 2021 as reported in this Form 4. The remaining RSUs will vest on May 15, 2022, provided that the reporting person remains a director of Escalade as of such vesting date.