CROWN CRAFTS INC — Director's Dealing 2010

Aug 25, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CROWN CRAFTS INC (CRWS)
CIK: 0000025895
Period of Report: 2010-08-23

Reporting Person: KIRSCHNER SIDNEY (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-08-23	Common Stock	M	2000	$3.15	Acquired	32000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-08-23	Non-Qualified Stock Option (Right to Buy)	$3.15	M	2000	Disposed	2010-08-25	Common Stock (2000)	Direct

Footnotes

F1: The option vested as follows: (a) 1,000 shares on August 25, 2007; and (b) 1,000 shares on August 25, 2008.

F2: When the option was acquired, August 25, 2011 was reported as the expiration date of the option. The expiration date of the option was accelerated to August 25, 2010 upon Mr. Kirschner's resignation from the Company's Board of Directors. Since such resignation, Mr. Kirschner has been re-elected to the Board.