CROWN CRAFTS INC — Director's Dealing 2012

May 22, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CROWN CRAFTS INC (CRWS)
CIK: 0000025895
Period of Report: 2012-05-18

Reporting Person: Guyer Stephen (VP Procurement/Infant Products)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-18	Common Stock	M	20500	$0.71	Acquired	32365	Direct
2012-05-18	Common Stock	M	10000	$0.65	Acquired	42365	Direct
2012-05-18	Common Stock	M	10000	$3.15	Acquired	52365	Direct
2012-05-18	Common Stock	M	6000	$4.08	Acquired	58365	Direct
2012-05-18	Common Stock	M	10000	$3.58	Acquired	68365	Direct
2012-05-18	Common Stock	M	10000	$3.02	Acquired	78365	Direct
2012-05-18	Common Stock	M	5000	$4.23	Acquired	83365	Direct
2012-05-18	Common Stock	F	42025	$5.39	Disposed	41340	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-05-18	Non-Qualified Stock Option (Right to Buy)	$0.71	M	20500	Disposed	2012-08-28	Common Stock (20500)	Direct
2012-05-18	Non-Qualified Stock Option (Right to Buy)	$0.65	M	10000	Disposed	2013-11-07	Common Stock (10000)	Direct
2012-05-18	Non-Qualified Stock Option (Right to Buy)	$3.15	M	10000	Disposed	2016-08-25	Common Stock (10000)	Direct
2012-05-18	Non-Qualified Stock Option (Right to Buy)	$4.08	M	6000	Disposed	2017-08-14	Common Stock (6000)	Direct
2012-05-18	Non-Qualified Stock Option (Right to Buy)	$3.58	M	10000	Disposed	2018-06-10	Common Stock (10000)	Direct
2012-05-18	Non-Qualified Stock Option (Right to Buy)	$3.02	M	10000	Disposed	2019-08-12	Common Stock (10000)	Direct
2012-05-18	Non-Qualified Stock Option (Right to Buy)	$4.23	M	5000	Disposed	2020-06-23	Common Stock (5000)	Direct

Footnotes

F1: This transaction represents the withholding of 42,045 shares of common stock to satisfy (i) the exercise price obligations incurred by the Reporting Person upon the exercise of the options granted to the Reporting Person on each of August 25, 2006; August 14, 2007; June 10, 2008; August 12, 2009; and June 23, 2010; and (ii) the tax withholding obligations incurred by the Reporting Person with respect to all reported option exercises occurring on May 18, 2012.

F2: The options were granted on August 28, 2002 and vested as follows: (a) 10,250 shares on August 28, 2003; and (b) 10,250 shares on August 28, 2004.

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

F4: The options were granted on November 7, 2003 and vested as follows: (a) 5,000 shares on November 7, 2004; and (b) 5,000 shares on November 7, 2005.

F5: The options were granted on August 25, 2006 and vested as follows: (a) 5,000 shares on August 25, 2007; and (b) 5,000 shares on August 25, 2008.

F6: The options were granted on August 14, 2007 and vested as follows: (a) 3,000 shares on August 14, 2008; and (b) 3,000 shares on August 14, 2009.

F7: The options were granted on June 10, 2008 and vested as follows: (a) 5,000 shares on June 10, 2009; and (b) 5,000 shares on June 10, 2010.

F8: The options were granted on August 12, 2009 and vested as follows: (a) 5,000 shares on August 12, 2010; and (b) 5,000 shares on August 12, 2011.

F9: The options were granted on June 23, 2010 and vest as follows: (a) 5,000 shares vested on June 23, 2011; and (b) 5,000 shares will vest on June 23, 2012.