Sec Form 4 Filing - WHITE RICHARD @ ESCALADE INC - 2017-08-08

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
WHITE RICHARD
2. Issuer Name and Ticker or Trading Symbol
ESCALADE INC [ esca]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O ESCALADE INCORPORATED, 817 MAXWELL AVE
3. Date of Earliest Transaction (MM/DD/YY)
08/08/2017
(Street)
EVANSVILLE, IN47711
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/09/2017 G V 2,260 ( 1 ) D $ 12.05 147,602 D
Common Stock 2,260 I By Spouse
Common Stock 08/09/2017 G V 2,100 ( 2 ) D $ 12.05 145,502 D
Common Stock 08/10/2017 G V 2,260 ( 3 ) D $ 12.05 0 I By spouse
Common Stock 08/11/2017 J V 2,180 ( 4 ) A $ 0 2,180 I As trustee for Elizabth White 2015 Trust
Common Stock 08/11/2017 J V 2,180 ( 5 ) A $ 0 2,180 I As trustee for Alexandra White Grantor Trust 2015
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
WHITE RICHARD
C/O ESCALADE INCORPORATED
817 MAXWELL AVE
EVANSVILLE, IN47711
X
Signatures
/s/ Richard White 08/11/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )As part of Mr. White's personal planning, he and his wife gifted a total of 2,180 shares of common stock to each of their adult daughters who in turn each deposited the shares into trusts of which Mr. White is the trustee. As the first step in such planning, Mr. White transferred 2,260 Escalade shares to his wife. Upon completion of all the transactions reported herein Mr. White's total beneficial ownership of 149,862 shares is unchanged but 4,360 shares are now indirectly owned and 145,502 shares are directly owned.
( 2 )Mr. White gifted 1,050 Escalade shares to each of his adult daughters.
( 3 )Mr. White's spouse gifted 1,130 Escalade shares to each of their adult daughters.
( 4 )Mr. White's adult daughter, Elizabeth White, transferred the gifted 2,180 Escalade shares to the Elizabeth White 2015 Trust. Mr. White is the trustee of the trust.
( 5 )Mr. White's adult daughter, Alexandra White, transferred the gifted 2,180 Escalade shares to the Alexandra White Grantor Trust 2015. Mr. White is the trustee of the trust.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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