CROWN CRAFTS INC — Director's Dealing 2006

Aug 15, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CROWN CRAFTS INC (CRWS.OB)
CIK: 0000025895
Period of Report: 2006-08-14

Reporting Person: DEYO WILLIAM T JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-08-14	Common Stock	M	2000	$0.41	Acquired	7000	Direct
2006-08-14	Common Stock	M	2000	$0.71	Acquired	9000	Direct
2006-08-14	Common Stock	M	1334	$0.65	Acquired	10334	Direct
2006-08-14	Common Stock	M	667	$0.65	Acquired	11001	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-08-14	Non-Qualified Stock Option (Right to Buy)	$0.41	M	2000	Disposed	2006-11-28	Common Stock (2000)	Direct
2006-08-14	Non-Qualified Stock Option (Right to Buy)	$0.71	M	2000	Disposed	2007-08-28	Common Stock (2000)	Direct
2006-08-14	Non-Qualified Stock Option (Right to Buy)	$0.65	M	1334	Disposed	2008-11-07	Common Stock (1334)	Direct
2006-08-14	Non-Qualified Stock Option (Right to Buy)	$0.65	M	667	Disposed	2009-08-11	Common Stock (667)	Direct

Footnotes

F1: The option vested as follows: (a) 667 shares on November 28, 2002; (b) 667 shares on November 28, 2003; and (c) 666 shares on November 28, 2004.

F2: The option vested as follows: (a) 667 shares on August 28, 2003; (b) 667 shares on August 28, 2004; and (c) 666 shares on August 28, 2005.

F3: The option vested 667 shares on November 7, 2004 and 667 shares on November 7, 2005; an additional 666 shares will vest on November 7, 2006.

F4: The option vested 667 shares on August 11, 2005 and 667 shares on August 11, 2006; an additional 666 shares will vest on August 11, 2007.