UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 4)*
ESCALADE, INCORPORATED
(Name of Issuer)
Common Stock, No Par Value
(Title of Class of Securities)
296056-10-4
(CUSIP Number)
December 31, 2005
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
(Continued on following pages)
Page 1 of 5 Pages
CUSIP No. 296056-10-4 13G Page 2 of 5 Pages
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1. NAME OF REPORTING PERSON
S.S. or I.R.S. Identification No. of Above Person
C. W. "Bill" Reed
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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5. SOLE VOTING POWER
975,449
-----------------------------------------------------------------
NUMBER OF 6. SHARED VOTING POWER
SHARES
BENEFICIALLY 7,857
OWNED BY -----------------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING
PERSON 975,449
WITH -----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
7,857
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
983,306
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
Not Applicable
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.43%
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12. TYPE OF REPORTING PERSON*
IN
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CUSIP No. 296056-10-4 13G Page 3 of 5 Pages
ITEM 1
(a) NAME OF ISSUER: Escalade, Incorporated
(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
251 Wedcor Avenue
Wabash, IN 46992
ITEM 2
(a) NAME OF PERSON FILING: C. W. "Bill" Reed
(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE:
251 Wedcor Avenue
Wabash, IN 46992
(c) CITIZENSHIP: U.S.A.
(d) TITLE OF CLASS OF SECURITIES: Common Stock, no par value
(e) CUSIP NUMBER: 296056-10-4
ITEM 3
This statement is not filed pursuant to Rules 13d-1(b) or 13d-2(b). This
statement is filed pursuant to Rule 13d-1(c)[x].
ITEM 4
OWNERSHIP
(a) AMOUNT BENEFICIALLY OWNED:
983,306 shares, including 220,000 shares subject to currently outstanding
stock options and 7,857 shares held by Mr. Reed's adult children.
CUSIP No. 296056-10-4 13G Page 4 of 5 Pages
(b) PERCENT OF CLASS: 7.43%
(c) (i) SOLE VOTING POWER: 975,449
(ii) SHARED VOTING POWER: 7,857
(iii) SOLE DISPOSITIVE POWER: 975,449
(iv) SHARED DISPOSITIVE POWER: 7,857
ITEM 5
OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not Applicable
ITEM 6
OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Not Applicable
ITEM 7
IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY
WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE
PARENT HOLDING COMPANY:
Not Applicable
ITEM 8
IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not Applicable
CUSIP No. 296056-10-4 13G Page 5 of 5 Pages
ITEM 9
NOTICE OF DISSOLUTION OF GROUP
Not Applicable
ITEM 10
CERTIFICATION
By signing below, the undersigned certifies that, to the best of his
knowledge and belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose of and do not
have the effect of changing or influencing the control of the issuer of such
securities and were not acquired in connection with or as a participant in any
transaction having such purposes or effect.
SIGNATURE
After reasonable inquiry and to the best of his knowledge and belief, the
undersigned hereby certifies that the information set forth in this statement is
true, complete and correct.
Date: February 10, 2006
/s/ C. W. "BILL" REED
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C. W. "Bill" Reed