CROWN CRAFTS INC — Director's Dealing 2016

Mar 1, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CROWN CRAFTS INC (CRWS)
CIK: 0000025895
Period of Report: 2016-02-26

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-26	Common Stock	M	5000	$5.42	Acquired	5568.1291	Direct
2016-02-26	Common Stock	M	10000	$6.14	Acquired	15568.1291	Direct
2016-02-26	Common Stock	M	7500	$7.90	Acquired	23068.1291	Direct
2016-02-26	Common Stock	F	19580	$8.54	Disposed	3488.1291	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-02-26	Non-Qualified Stock Option (Right to Buy)	$5.42	M	5000	Disposed	2022-06-13	Common Stock (5000)	Direct
2016-02-26	Non-Qualified Stock Option (Right to Buy)	$6.14	M	10000	Disposed	2023-06-14	Common Stock (10000)	Direct
2016-02-26	Non-Qualified Stock Option (Right to Buy)	$7.90	M	7500	Disposed	2024-06-18	Common Stock (7500)	Direct

Footnotes

F1: This transaction represents the withholding of 19,580 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 13, 2012, June 14, 2013 and June 18, 2014.

F2: The options were granted on June 13, 2012 and vested as follows: (a) 5,000 shares on June 13, 2013, which were exercised on July 30, 2013; and (b) 5,000 shares on June 13, 2014.

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

F4: The options were granted on June 14, 2013 and vested as follow: (a) 5,000 shares on June 14, 2014; and (b) 5,000 shares on June 14, 2015.

F5: The options were granted on June 18, 2014 and vest as follows: (a) 7,500 shares on June 18, 2015; and (b) 7,500 shares on June 18, 2016.