SEC Form 4 · accession 0001209191-16-132587

CROWN CRAFTS INC · CRWS

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — VP Sales/Infant Products Div

Period of report

Jul 11, 2016

Accepted (ET)

Jul 13, 2016 · 4:38 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
Common Stock	Jul 11, 2016	M	7,500	$7.90	A	10,988	D
Common Stock	Jul 11, 2016	M	5,000	$8.38	A	15,988	D
Common Stock	Jul 11, 2016	F	11,108	$9.82	D	4,880	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-Qualifed Stock Option (Right to Buy)^F3,F2	$7.90	Jul 11, 2016	M	7,500	D	—	Jun 18, 2024	Common Stock	7,500	0	D
Non-Qualifed Stock Option (Right to Buy)^F3,F4	$8.38	Jul 11, 2016	M	5,000	D	—	Jun 12, 2025	Common Stock	5,000	5,000	D

F1This 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.
F2The 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.
F3Derivative securities represent the grant of a stock option for services as an officer of the Issuer.
F4The 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.