CROWN CRAFTS INC — Director's Dealing 2014

Feb 26, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CROWN CRAFTS INC (CRWS)
CIK: 0000025895
Period of Report: 2014-02-24

Reporting Person: Cowart Kenneth C. (Director, Information Systems)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-24	Common Stock	M	5000	$4.81	Acquired	5000	Direct
2014-02-24	Common Stock	M	5000	$5.42	Acquired	10000	Direct
2014-02-24	Common Stock	F	7327	$8.95	Disposed	2673	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-24	Non-Qualified Stock Option (Right to Buy)	$4.81	M	5000	Disposed	2021-06-10	Common Stock (5000)	Direct
2014-02-24	Non-Qualified Stock Option (Right to Buy)	$5.42	M	5000	Disposed	2022-06-13	Common Stock (5000)	Direct

Footnotes

F1: This transaction represents the withholding of 7,327 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 June 10, 2011 and June 13, 2012.

F2: The options were granted June 10, 2011 and vested as follows: (a) 5,000 shares on June 10, 2012; and (b) 5,000 shares on June 10, 2013.

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 13, 2012 and vest as follows: (a) 5,000 shares vested on June 13, 2013; and (b) 5,000 shares will vest on June 13, 2014.