CROWN CRAFTS INC — Director's Dealing 2016

Jul 13, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CROWN CRAFTS INC (CRWS)
CIK: 0000025895
Period of Report: 2016-07-11

Reporting Person: Christensen Susan I. (VP Sales/Infant Products Div)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-07-11	Common Stock	M	7500	$7.90	Acquired	10988.1291	Direct
2016-07-11	Common Stock	M	5000	$8.38	Acquired	15988.1291	Direct
2016-07-11	Common Stock	F	11108	$9.82	Disposed	4880.1291	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-07-11	Non-Qualifed Stock Option (Right to Buy)	$7.90	M	7500	Disposed	2024-06-18	Common Stock (7500)	Direct
2016-07-11	Non-Qualifed Stock Option (Right to Buy)	$8.38	M	5000	Disposed	2025-06-12	Common Stock (5000)	Direct

Footnotes

F1: This transaction represents the withholding of 11,108 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 June 18, 2014 and June 12, 2015.

F2: The options were granted on June 18, 2014 and vested as follows: (a) 7,500 shares on June 18, 2015; and (b) 7,500 shares on June 18, 2016. The additional 7,500 options granted on June 18, 2014, and exercisable on June 18, 2015, were exercised on February 26, 2016.

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 12, 2015 and vest as follows: (a) 5,000 shares on June 12, 2016; and (b) 5,000 shares on June 12, 2017.