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: Cowart Kenneth C. (Director, Information Systems)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-13	Common Stock	M	1000	$4.08	Acquired	2723	Direct
2012-11-13	Common Stock	M	10000	$4.23	Acquired	12723	Direct
2012-11-13	Common Stock	M	5000	$4.81	Acquired	17723	Direct
2012-11-13	Common Stock	F	13035	$6.03	Disposed	4688	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-13	Non-Qualified Stock Option (Right to Buy)	$4.08	M	1000	Disposed	2017-08-14	Common Stock (1000)	Direct
2012-11-13	Non-Qualified Stock Option (Right to Buy)	$4.23	M	10000	Disposed	2020-06-23	Common Stock (10000)	Direct
2012-11-13	Non-Qualified Stock Option (Right to Buy)	$4.81	M	5000	Disposed	2021-06-10	Common Stock (5000)	Direct

Footnotes

F1: This transaction represents the withholding of 13,035 shares of common stock to satisfy the exercise price and tax withholding obligations incurred by the Reporting Person upon the exercise of the options granted to the Reporting Person on each of August 14, 2007; June 23, 2010; and June 10, 2011.

F2: The options were granted on August 14, 2007 and vested as follows: (a) 500 shares on August 14, 2008; and (b) 500 shares on August 14, 2009.

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

F4: 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.

F5: 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.