CROWN CRAFTS INC — Director's Dealing 2012

Nov 14, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CROWN CRAFTS INC (CRWS)
CIK: 0000025895
Period of Report: 2012-11-13

Reporting Person: FREEMAN NANCI (Pres & CEO/Infant Products Div)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-13	Common Stock	M	5000	$4.23	Acquired	38569	Indirect
2012-11-13	Common Stock	M	5000	$4.81	Acquired	43569	Indirect
2012-11-13	Common Stock	F	8415	$6.03	Disposed	35154	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-13	Non-Qualified Stock Option (Right to Buy)	$4.23	M	5000	Disposed	2020-06-23	Common Stock (5000)	Indirect
2012-11-13	Non-Qualified Stock Option (Right to Buy)	$4.81	M	5000	Disposed	2021-06-10	Common Stock (5000)	Indirect

Footnotes

F1: This transaction represents the withholding of 8,415 shares of common stock to satisfy the exercise price and tax withholding obligations incurred by the spouse of the Reporting Person upon the exercise of the options granted to the spouse of the Reporting Person on June 23, 2010 and June 10, 2011.

F2: The options were granted on June 23, 2010 and vested as follows: (a) 5,000 shares on June 23, 2011; and (b) 5,000 shares on June 23, 2012.

F3: Derivative securities represent the grant of a stock option for services rendered as an employee of the Issuer.

F4: The options were granted on June 10, 2011 and vest as follows: (a) 5,000 shares vested on June 10, 2012; and (b) 5,000 shares will vest on June 10, 2013.