CROWN CRAFTS INC 4
4 · CROWN CRAFTS INC · Filed Jul 13, 2016
Insider Transaction Report
Form 4
CROWN CRAFTS INCCRWS
Christensen Susan I.
VP Sales/Infant Products Div
Transactions
- Exercise/Conversion
Common Stock
2016-07-11$7.90/sh+7,500$59,250→ 10,988.129 total - Tax Payment
Common Stock
2016-07-11$9.82/sh−11,108$109,081→ 4,880.129 total - Exercise/Conversion
Common Stock
2016-07-11$8.38/sh+5,000$41,900→ 15,988.129 total - Exercise/Conversion
Non-Qualifed Stock Option (Right to Buy)
2016-07-11−7,500→ 0 totalExercise: $7.90Exp: 2024-06-18→ Common Stock (7,500 underlying) - Exercise/Conversion
Non-Qualifed Stock Option (Right to Buy)
2016-07-11−5,000→ 5,000 totalExercise: $8.38Exp: 2025-06-12→ Common Stock (5,000 underlying)
Footnotes (4)
- [F1]This 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.
- [F2]The 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.
- [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 12, 2015 and vest as follows: (a) 5,000 shares on June 12, 2016; and (b) 5,000 shares on June 12, 2017.