CROWN CRAFTS INC — Director's Dealing 2007

Aug 28, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CROWN CRAFTS INC (CRWS)
CIK: 0000025895
Period of Report: 2007-08-27

Reporting Person: NIE ZENON S (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-08-27	Common Stock	P	100	$3.75	Acquired	20184	Direct
2007-08-27	Common Stock	P	100	$3.78	Acquired	20284	Direct
2007-08-27	Common Stock	P	1800	$3.79	Acquired	22084	Direct
2007-08-27	Common Stock	M	1000	$3.15	Acquired	23084	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-08-27	Non-Qualified Stock Option (Right to Buy)	$3.15	M	1000	Disposed	2011-08-25	Common Stock (1000)	Direct

Footnotes

F1: The option vested 1,000 shares on August 25, 2007; the option will vest 1,000 shares on August 25, 2008.