Craig Demarest - Jun 7, 2022 Form 4 Insider Report for CROWN CRAFTS INC (CRWS)

Role
Vice President and CFO
Signature
/s/ Craig Demarest
Stock symbol
CRWS
Transactions as of
Jun 7, 2022
Transactions value $
$0
Form type
4
Date filed
6/8/2022, 05:07 PM
Previous filing
Jun 11, 2021
Next filing
Feb 24, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CRWS Nonstatutory Stock Option (Right to Buy) Award +20K 20K Jun 7, 2022 Common Stock 20K $6.54 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option was granted pursuant to the Issuer's 2021 Incentive Plan and is exercisable as follows: (a) 10,000 shares on or after June 7, 2023; and (b) 10,000 shares on or after June 7, 2024.
F2 Derivative securities represent the grant of a stock option made in consideration of the services to be rendered by the Reporting Person to the Issuer.