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CROWN CRAFTS INC Director's Dealing 2008

Oct 8, 2008

34800_dirs_2008-10-08_df895576-4b3e-4661-afd0-2f937029d4cf.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CROWN CRAFTS INC (CRWS)
CIK: 0000025895
Period of Report: 2008-10-07

Reporting Person: Elliott Olivia W. (VP and CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-10-07 Common Stock M 10000 $0.71 Acquired 17000 Direct
2008-10-07 Common Stock M 10000 $0.65 Acquired 27000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-10-07 Non-Qualified Stock Option (Right to Buy) $0.71 M 10000 Disposed 2012-08-28 Common Stock (10000) Direct
2008-10-07 Non-Qualified Stock Option (Right to Buy) $0.65 M 10000 Disposed 2013-11-07 Common Stock (10000) Direct

Footnotes

F1: The option vested 5,000 shares on August 28, 2003 and 5,000 shares on August 28, 2004.

F2: The option vested 5,000 shares on November 7, 2004 and 5,000 shares on November 7, 2005.