CROWN CRAFTS INC 4
4 · CROWN CRAFTS INC · Filed Oct 3, 2016
Insider Transaction Report
Form 4
CROWN CRAFTS INCCRWS
Cowart Kenneth C.
Director, Information Systems
Transactions
- Tax Payment
Common Stock
2016-09-29$10.13/sh−12,760$129,227→ 7,759 total - Exercise/Conversion
Common Stock
2016-09-29$7.90/sh+15,000$118,500→ 20,519 total - Exercise/Conversion
Non-Qualified Stock Option (Right to Buy)
2016-09-29−15,000→ 0 totalExercise: $7.90Exp: 2024-06-18→ Common Stock (15,000 underlying)
Footnotes (3)
- [F1]This transaction represents the withholding of 12,760 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.
- [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.
- [F3]Derivative securities represent the grant of a stock option for services as an officer of the Issuer.