SEC Form 4 · accession 0001209191-16-108791
CROWN CRAFTS INC · CRWS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen Guyer
Officer — Senior VP Procurement
Period of report
Mar 14, 2016
Accepted (ET)
Mar 16, 2016 · 2:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000025895
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 14, 2016 | M | 5,000 | $5.42 | A | 14,069 | D | |
| Common Stock | Mar 14, 2016 | M | 10,000 | $6.14 | A | 24,069 | D | |
| Common Stock | Mar 14, 2016 | M | 7,500 | $7.90 | A | 31,569 | D | |
| Common Stock | Mar 14, 2016 | F | 19,123 | $8.96 | D | 12,446 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to Buy)F3,F2 | $5.42 | Mar 14, 2016 | M | 5,000 | A | — | Jun 13, 2022 | Common Stock | 5,000 | 0 | D |
| Non-Qualifed Stock Option (Right to Buy)F3,F4 | $6.14 | Mar 14, 2016 | M | 10,000 | A | — | Jun 14, 2023 | Common Stock | 10,000 | 0 | D |
| Non-Qualified Stock Option (Right to Buy)F3,F5 | $7.90 | Mar 14, 2016 | M | 7,500 | A | — | Jun 18, 2024 | Common Stock | 7,500 | 7,500 | D |
Explanation of responses
- F1This transaction represents the withholding of 19,123 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.
- F2The options were granted on June 13, 2012 and vested as follows: (a) 5,000 shares on June 13, 2013, which were exercised on July 12, 2013; and (b) 5,000 shares on June 13, 2014.
- F3Derivative securities represent the grant of a stock option for services as an officer of Issuer.
- F4The 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.
- F5The 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.