CROWN CRAFTS INC 4
4 · CROWN CRAFTS INC · Filed Feb 26, 2014
Insider Transaction Report
Form 4
CROWN CRAFTS INCCRWS
Cowart Kenneth C.
Director, Information Systems
Transactions
- Exercise/Conversion
Common Stock
2014-02-24$5.42/sh+5,000$27,100→ 10,000 total - Exercise/Conversion
Non-Qualified Stock Option (Right to Buy)
2014-02-24−5,000→ 0 totalExercise: $4.81Exp: 2021-06-10→ Common Stock (5,000 underlying) - Exercise/Conversion
Non-Qualified Stock Option (Right to Buy)
2014-02-24−5,000→ 5,000 totalExercise: $5.42Exp: 2022-06-13→ Common Stock (5,000 underlying) - Exercise/Conversion
Common Stock
2014-02-24$4.81/sh+5,000$24,050→ 5,000 total - Tax Payment
Common Stock
2014-02-24$8.95/sh−7,327$65,577→ 2,673 total
Footnotes (4)
- [F1]This transaction represents the withholding of 7,327 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 10, 2011 and June 13, 2012.
- [F2]The options were granted June 10, 2011 and vested as follows: (a) 5,000 shares on June 10, 2012; and (b) 5,000 shares on June 10, 2013.
- [F3]Derivative securities represent the grant of a stock option for services as an officer of the Issuer.
- [F4]The options were granted on June 13, 2012 and vest as follows: (a) 5,000 shares vested on June 13, 2013; and (b) 5,000 shares will vest on June 13, 2014.