FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Guyer Stephen
2. Issuer Name and Ticker or Trading Symbol

CROWN CRAFTS INC [ CRWS ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Senior VP Procurement
(Last)          (First)          (Middle)

711 WEST WALNUT STREET
3. Date of Earliest Transaction (MM/DD/YYYY)

3/14/2016
(Street)

COMPTON, CA 90220
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   3/14/2016     M    5000   A $5.42   14069   D    
Common Stock   3/14/2016     M    10000   A $6.14   24069   D    
Common Stock   3/14/2016     M    7500   A $7.90   31569   D    
Common Stock   3/14/2016     F (1)    19123   D $8.96   12446   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to Buy)   $5.42   3/14/2016     M      5000         (2) 6/13/2022   Common Stock   5000     (3) 0   D    
Non-Qualifed Stock Option (Right to Buy)   $6.14   3/14/2016     M      10000         (4) 6/14/2023   Common Stock   10000     (3) 0   D    
Non-Qualified Stock Option (Right to Buy)   $7.90   3/14/2016     M      7500         (5) 6/18/2024   Common Stock   7500     (3) 7500   D    

Explanation of Responses:
( 1)  This 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.
( 2)  The 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.
( 3)  Derivative securities represent the grant of a stock option for services as an officer of Issuer.
( 4)  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.
( 5)  The 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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Guyer Stephen
711 WEST WALNUT STREET
COMPTON, CA 90220


Senior VP Procurement

Signatures
/s/ Olivia Elliott on behalf of Stephen Guyer 3/16/2016
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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