ESCA Escalade Inc

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 OF SECURITIES                                                                                   
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940                       

1. Name and Address of Reporting Person * Williams Edward E	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) P.O. BOX 50	3. Date of Earliest Transaction (MM/DD/YYYY) 3/4/2021
(Street) CRYSTAL CITY, MO 63019 (City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. 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	3/4/2021		M		2500	A	(1)	138394	D
Common Stock	3/6/2021		M		1425	A	(1)	139819	D
Common Stock								414487	I	By KPW Family Limited Partnership (4)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. 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		7. Title and Amount of Securities Underlying Derivative Security (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
Restricted Stock Units	(1)(2)	3/4/2021		M			2500	(3)	3/4/2022	Common Stock	2500	$0	2500	D
Restricted Stock Unit	(2)	3/4/2021		A		3333		(5)	3/4/2023	Common Stock	3333	$0	3333	D
Restricted Stock Units	(1)(2)	3/6/2021		M			1425	(6)	3/6/2021	Common Stock	1425	$0	0	D

Explanation of Responses:
(1)	Restricted Stock Units (RSUs) converted into common stock on a one-for-one basis.
(2)	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).
(3)	On March 4, 2020, the reporting person was granted 5,000 RSUs pursuant to the Escalade 2017 Plan, of which 2,500 RSUs vested on March 4, 2021, as reported in this Form 4. The remaining 2,500 RSUs will vest and settle on March 4, 2022, provided that the reporting person remains a director of Escalade as of such vesting date. All RSUs were settled in shares of ESCA common stock.
(4)	The reporting person is a general partner of KPW Family Limited Partnership.
(5)	On March 4, 2021, the reporting person was granted 3,333 RSUs pursuant to the Escalade 2017 Plan, which will vest one-half on March 4, 2022 and one-half on March 4, 2023, provided that reporting person remains a director or Escalade as of such vesting date.
(6)	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. The remaining 1,425 RSUs vested and settled on March 6, 2021, as reported on this Form 4. All RSUs were settled in shares of ESCA common stock.

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Williams Edward E P.O. BOX 50 CRYSTAL CITY, MO 63019	X

Signatures
/s/EDWARD E. WILLIAMS		3/8/2021
**Signature of Reporting Person		Date