Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
FREEMAN NANCI
  2. Issuer Name and Ticker or Trading Symbol
CROWN CRAFTS INC [CRWS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Pres & CEO/Infant Products Div
(Last)
(First)
(Middle)
711 WEST WALNUT STREET
3. Date of Earliest Transaction (Month/Day/Year)
04/13/2012
(Street)

COMPTON, CA 90220
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 04/13/2012   M   15,000 A $ 3.15 240,786 D  
Common Stock 04/13/2012   M   22,500 A $ 4.08 263,286 D  
Common Stock 04/13/2012   M   25,000 A $ 3.58 288,286 D  
Common Stock 04/13/2012   M   25,000 A $ 3.02 313,286 D  
Common Stock 04/13/2012   F(1)   70,073 D $ 5.67 243,213 D  
Common Stock 04/13/2012   M   10,000 A $ 3.15 35,937 I By spouse
Common Stock 04/13/2012   M   6,000 A $ 4.08 41,937 I By spouse
Common Stock 04/13/2012   M   10,000 A $ 3.58 51,937 I By spouse
Common Stock 04/13/2012   M   10,000 A $ 3.02 61,937 I By spouse
Common Stock 04/13/2012   M   5,000 A $ 4.23 66,937 I By spouse
Common Stock 04/13/2012   F(2)   33,368 D $ 5.67 33,569 I By spouse

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (Right to Buy) $ 3.15 04/13/2012   M     15,000   (3) 08/25/2016 Common Stock 15,000 (4) 0 D  
Non-Qualified Stock Option (Right to Buy) $ 4.08 04/13/2012   M     22,500   (5) 08/14/2017 Common Stock 22,500 (4) 0 D  
Non-Qualified Stock Option (Right to Buy) $ 3.58 04/13/2012   M     25,000   (6) 06/10/2018 Common Stock 25,000 (4) 0 D  
Non-Qualified Stock Option (Right to Buy) $ 3.02 04/13/2012   M     25,000   (7) 08/12/2019 Common Stock 25,000 (4) 0 D  
Non-Qualified Stock Option (Right to Buy) $ 3.15 04/13/2012   M     10,000   (8) 08/25/2016 Common Stock 10,000 (9) 0 I By spouse
Non-Qualified Stock Option (Right to Buy) $ 4.08 04/13/2012   M     6,000   (10) 08/14/2017 Common Stock 6,000 (9) 0 I By spouse
Non-Qualified Stock Option (Right to Buy) $ 3.58 04/13/2012   M     10,000   (11) 06/10/2018 Common Stock 10,000 (9) 0 I By spouse
Non-Qualified Stock Option (Right to Buy) $ 3.02 04/13/2012   M     10,000   (12) 08/12/2019 Common Stock 10,000 (9) 0 I By spouse
Non-Qualified Stock Option (Right to Buy) $ 4.23 04/13/2012   M     5,000   (13) 06/23/2020 Common Stock 5,000 (9) 5,000 I By spouse

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
FREEMAN NANCI
711 WEST WALNUT STREET
COMPTON, CA 90220
      Pres & CEO/Infant Products Div  

Signatures

 Olivia Elliott on behalf of Nanci Freeman   04/17/2012
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) This transaction represents the withholding of 70,073 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 August 25, 2006; August 14, 2007; June 10, 2008; and August 12, 2009.
(2) This transaction represents the withholding of 33,368 shares of common stock to satisfy the exercise price and tax withholding obligations incurred by the spouse of the Reporting Person upon the exercise of the options granted to the spouse of the Reporting Person on each of August 25, 2006; August 14, 2007; June 10, 2008; August 12, 2009; and June 23, 2010.
(3) The options were granted on August 25, 2006 and vested as follows: (a) 7,500 shares on August 25, 2007; and (b) 7,500 shares on August 25, 2008.
(4) Derivative securities represent the grant of a stock option for services as an officer of the Issuer.
(5) The options were granted on August 14, 2007 and vested as follows: (a) 11,250 shares on August 14, 2008; and (b) 11,250 shares on August 14, 2009.
(6) The options were granted on June 10, 2008 and vested as follows: (a) 12,500 shares on June 10, 2009; and (b) 12,500 shares on June 10, 2010.
(7) The options were granted on August 12, 2009 and vested as follows: (a) 12,500 shares on August 12, 2010; and (b) 12,500 shares on August 12, 2011.
(8) The options were granted on August 25, 2006 and vested as follows: (a) 5,000 shares on August 25, 2007; and (b) 5,000 shares on August 25, 2008.
(9) Derivative securities represent the grant of a stock option for services rendered as an employee of the Issuer.
(10) The options were granted on August 14, 2007 and vested as follows: (a) 3,000 shares on August 14, 2008; and (b) 3,000 shares on August 14, 2009.
(11) The options were granted on June 10, 2008 and vested as follows: (a) 5,000 shares on June 10, 2009; and (b) 5,000 shares on June 10, 2010.
(12) The options were granted on August 12, 2009 and vested as follows: (a) 5,000 shares on August 12, 2010; and (b) 5,000 shares on August 12, 2011.
(13) The options were granted on June 23, 2010 and vest as follows: (a) 5,000 shares vested on June 23, 2011; and (b) 5,000 shares will vest on June 23, 2012.

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