Company: CRWS
Filing Date: 2025-06-27
Form Type: DEF 14A
Source: 0001437749-25-021381
Chunk: 56

Company: CROWN CRAFTS INC
Filing Date: 2025-06-27
Form: DEF 14A
Chunk 56
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 and 1,000 shares owned by her husband; and options to purchase 79,000 shares of Common Stock. |

| (4) | Includes 80,294 shares owned individually by Mr. Nie and 189,214 shares owned by his wife. |

| (5) | Includes 29,570 shares owned individually by Ms. Sheridan and options to purchase 59,000 shares of Common Stock. |

| (6) | Includes 48,365 shares owned individually by Mr. Demarest and options to purchase 50,000 shares of Common Stock. |

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Delinquent Section 16(a) Reports

Section 16(a) of the Exchange Act requires the Company’s officers and directors, and persons who own more than 10% of the Common Stock, to file reports of ownership and changes in ownership on Forms 3, 4 and 5 with the SEC. Officers, directors and greater than ten percent stockholders are required by SEC regulations to furnish the Company with copies of all Section 16(a) forms they file.

To the Company’s knowledge, based solely on its review of the copies of such forms received by it, and written representations from certain reporting persons, the Company believes that since April 1, 2024, its officers, directors and greater than 10% beneficial stockholders timely complied with all applicable Section 16(a) filing requirements, except that on August 16, 2024, a Form 4 was filed for each of Messrs. Benstock and Nie, Dr. Ratajczak and Ms. Stensrud which incorrectly reported: (i) the number of shares of restricted Common Stock granted to such person on August 14, 2024 pursuant to the 2021 Plan as part of the such person’s director compensation; and (ii) the amount of securities beneficially owned by such person following the grant. The Form 4 filed on August 16, 2024 for each of Messrs. Benstock and Nie, Dr. Ratajczak and Ms. Stensrud incorrectly reported the grant to such person of 15,221 shares of restricted Common Stock instead of the grant of 20,294 shares of restricted Common Stock. On August 21, 2024, a Form 4/A was filed for each of Messrs. Benstock and Nie, Dr. Ratajczak and Ms. Stensrud, amending such person’s Form 4 filed