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CROWN CRAFTS INC — Director's Dealing 2009
Feb 18, 2009
34800_dirs_2009-02-18_28813f8f-44c4-4412-9dff-30b1973f4750.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: 2009-02-13
Reporting Person: WYNNEFIELD PARTNERS SMALL CAP VALUE LP I (10% Owner)
Reporting Person: WYNNEFIELD PARTNERS SMALL CAP VALUE LP (10% Owner)
Reporting Person: WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND LTD (10% Owner)
Reporting Person: WYNNEFIELD CAPITAL MANAGEMENT LLC (10% Owner)
Reporting Person: WYNNEFIELD CAPITAL INC (10% Owner)
Reporting Person: CHANNEL PARTNERSHIP II L P (10% Owner)
Reporting Person: OBUS NELSON (10% Owner)
Reporting Person: LANDES JOSHUA (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2009-02-13 | Common Stock, $1.00 par value per share | P | 23050 | $1.90 | Acquired | 622050 | Direct |
| 2009-02-13 | Common Stock, $1.00 par value per share | P | 30000 | $1.90 | Acquired | 899335 | Indirect |
Footnotes
F1: On the date hereof, Wynnefield Partners Small Cap Value, L.P I., (the "Reporting Person") directly beneficially owns 622,050
shares of common stock, par value $1.00 per share ("Common Stock") of Crown Crafts, Inc. (CRWS). Wynnefield Capital
Management, LLC, as the sole general partner of the Reporting Person, has an indirect beneficial ownership interest in the
shares of Common Stock that the Reporting Person directly beneficially owns. Wynnefield Capital Management, LLC, which
maintains offices at the same address as the Reporting Person, is filing this Form jointly with the Reporting Person. Nelson
Obus and Joshua Landes, as co-managing members of Wynnefield Capital Management, LLC, have an indirect beneficial ownership
interest in the shares of Common Stock that the Reporting Person directly beneficially owns.
F2: (continued from footnote 1) Mr. Obus and Mr. Landes, who maintain offices at the same address as the Reporting Person, are
filing this Form jointly with the Reporting Person (see remarks below).
F3: On the date hereof, the Reporting Person has an indirect beneficial ownership interest in 552,600 shares of Common Stock,
which are directly beneficially owned by Wynnefield Partners Small Cap Value, L.P., as members of a group under Section
13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Wynnefield Partners Small Cap Value, L.P.,
which maintains offices at the same address as the Reporting Person, is filing this Form jointly with the Reporting Person.
F4: (continued from footnote 3) Wynnefield Capital Management, LLC, as the sole general partner of Wynnefield Partners Small Cap
Value, L.P., has an indirect beneficial ownership interest in the shares of Common Stock that Wynnefield Partners Small
Cap Value L.P. directly beneficially owns. Mr. Obus and Mr. Landes, as co-managing members of Wynnefield Capital
Management, LLC, have an indirect beneficial ownership interest in the shares of Common Stock that Wynnefield Partners Small
Cap Value L.P. directly beneficially owns.
F5: On the date hereof, the Reporting Person has an indirect beneficial ownership interest in 335,135 shares of Common Stock,
which are directly beneficially owned by Wynnefield Small Cap Value Offshore Fund, Ltd., as members of a group under Section
13(d) of the Exchange Act. Wynnefield Small Cap Value Offshore Fund, Ltd., which maintains offices at the same address as
the Reporting Person, is filing this Form jointly with the Reporting Person. Wynnefield Capital, Inc. as the sole investment
manager of Wynnefield Small Cap Value Offshore Fund, Ltd., has an indirect beneficial ownership interest in the shares of
Common Stock that Wynnefield Small Cap Value Offshore Fund, Ltd. directly beneficially owns. Wynnefield Capital, Inc., which
maintains offices at the same address as the Reporting Person, is filing this Form jointly with the Reporting Person.
F6: (continued from footnote 5) Mr. Obus and Mr. Landes, as principal executive officers of Wynnefield Capital, Inc., have an
indirect beneficial ownership interest in the shares of Common Stock that Wynnefield Small Cap Value Offshore Fund, Ltd.
directly beneficially owns.
F7: On the date hereof, the Reporting Person has an indirect beneficial ownership interest in 11,600 shares of Common Stock,
which are directly beneficially owned by Channel Partnership II, L.P., as members of a group under Section 13(d) of the
Exchange. Channel Partnership II, L.P., which maintains offices at the same address as the Reporting Person, is filing this
Form jointly with the Reporting Person. Mr. Obus, as the sole general partner of Channel Partnership II, L.P., has an
indirect beneficial ownership interest in the shares of Common Stock that Channel Partnership II, L.P. directly beneficially
owns.