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CROWN CRAFTS INC Director's Dealing 2021

Jan 5, 2021

34800_dirs_2021-01-05_2eff387d-98a6-43ba-8316-6a638570dc7a.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CROWN CRAFTS INC (CRWS)
CIK: 0000025895
Period of Report: 2021-01-04

Reporting Person: Elliott Olivia W. (President, CFO and COO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-01-04 Non-Qualified Stock Option (Right to Buy) $7.11 A 50000 Acquired 2031-01-04 Common Stock (50000) Direct

Footnotes

F1: The option was granted pursuant to the Issuer's 2014 Omnibus Equity Compensation Plan and is exercisable as follows: (a) 25,000 shares on or after January 4, 2022; and (b) 25,000 shares on or after January 4, 2023.

F2: Derivative securities represent the grant of a stock option for services as an officer of the Issuer, as disclosed in the Current Report on Form 8-K filed by the Issuer on December 17, 2020.