CROWN CRAFTS INC — Director's Dealing 2016

Feb 25, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CROWN CRAFTS INC (CRWS)
CIK: 0000025895
Period of Report: 2016-02-24

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-24	Common Stock	M	5000	$5.42	Acquired	7673	Direct
2016-02-24	Common Stock	M	10000	$6.14	Acquired	17673	Direct
2016-02-24	Common Stock	F	12154	$8.48	Disposed	5519	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-02-24	Non-Qualified Stock Option (Right to Buy)	$5.42	M	5000	Disposed	2022-06-13	Common Stock (5000)	Direct
2016-02-24	Non-Qualified Stock Option (Right to Buy)	$6.14	M	10000	Disposed	2023-06-14	Common Stock (10000)	Direct

Footnotes

F1: This transaction represents the withholding of 12,154 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 and June 14, 2013.

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 February 24, 2014; 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 the Issuer.

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