CROWN CRAFTS INC 4
4 · CROWN CRAFTS INC · Filed Mar 16, 2016
Insider Transaction Report
Form 4
CROWN CRAFTS INCCRWS
Guyer Stephen
VP Procurement/Infant Products
Transactions
- Exercise/Conversion
Common Stock
2016-03-14$7.90/sh+7,500$59,250→ 31,569 total - Tax Payment
Common Stock
2016-03-14$8.96/sh−19,123$171,342→ 12,446 total - Exercise/Conversion
Non-Qualifed Stock Option (Right to Buy)
2016-03-14+10,000→ 0 totalExercise: $6.14Exp: 2023-06-14→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2016-03-14$5.42/sh+5,000$27,100→ 14,069 total - Exercise/Conversion
Non-Qualified Stock Option (Right to Buy)
2016-03-14+7,500→ 7,500 totalExercise: $7.90Exp: 2024-06-18→ Common Stock (7,500 underlying) - Exercise/Conversion
Common Stock
2016-03-14$6.14/sh+10,000$61,400→ 24,069 total - Exercise/Conversion
Non-Qualified Stock Option (right to Buy)
2016-03-14+5,000→ 0 totalExercise: $5.42Exp: 2022-06-13→ Common Stock (5,000 underlying)
Footnotes (5)
- [F1]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.
- [F2]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.
- [F3]Derivative securities represent the grant of a stock option for services as an officer of Issuer.
- [F4]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.
- [F5]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.