SEC Form 4 · accession 0001209191-18-023912
CROWN CRAFTS INC · CRWS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
E Randall Chestnut
Officer — President and CEO · Director
Period of report
Apr 2, 2018
Accepted (ET)
Apr 4, 2018 · 6:43 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 | Apr 2, 2018 | F | 6,745 | $5.85 | D | 486,721 | D | |
| Common Stock | Apr 3, 2018 | F | 4,824 | $5.90 | D | 481,897 | D | |
| Common StockF3 | holding | — | — | — | 249,136 | I | By trust for estate of spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction represents the withholding of 6,745 shares of common stock to satisfy the tax withholding obligations incurred by the Reporting Person upon the vesting of 15,115 shares of common stock (or one-half of the restricted stock grant) originally awarded to the Reporting Person on May 1, 2017.
- F2This transaction represents the withholding of 4,824 shares of common stock to satisfy the tax withholding obligations incurred by the Reporting Person upon the vesting of 15,893 shares of common stock (or one-half of the restricted stock grant) originally awarded to the Reporting Person on May 2, 2016.
- F3Includes 485 shares previously reported as held by the estate of the Reporting Person's deceased spouse and an additional 22,254 shares and an additional 226,397 shares transferred April 4, 2017 and June 8, 2017, respectively, to a trust created to hold the property of such estate.