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Signature
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/s/ Daniel W. Miller, on behalf of Craig Demarest
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Stock symbol
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CRWS
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Transactions as of
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Jul 2, 2025
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Transactions value $
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-$8,968
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Form type
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4
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Date filed
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7/7/2025, 06:00 PM
Reporting Owners (1)
| Name |
Relationship |
Address |
Signature |
Signature date |
CIK |
| Demarest Craig |
Vice President and CFO |
PO BOX 1028, GONZALES |
/s/ Daniel W. Miller, on behalf of Craig Demarest |
2025-07-07 |
0001436705 |
Transactions Table
| Type |
Sym |
Class |
Transaction |
Value $ |
Shares |
Change % |
* Price $ |
Shares After |
Date |
Ownership |
Footnotes |
| transaction |
CRWS |
Common Stock |
Tax liability |
-$8.97K |
-3.1K |
-6.42% |
$2.89 |
45.3K |
Jul 2, 2025 |
Direct |
F1 |
| transaction |
CRWS |
Common Stock |
Disposed to Issuer |
$0 |
-14.4K |
-31.88% |
$0.00 |
30.8K |
Jul 2, 2025 |
Direct |
F2 |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Craig Demarest is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Explanation of Responses:
Remarks:
In connection with the retirement from all positions that the Reporting Person held with the Issuer, the Compensation Committee of the Board of Directors of the Issuer accelerated the vesting of a portion of the total quantity of 25,000 shares of common stock awarded to the Reporting Person on March 26, 2024, such award originally scheduled to vest in its entirety on March 26, 2027. Pursuant to such acceleration, 10,571 shares of common stock vested effective as of the last day of the Reporting Person's employment with the Issuer on July 2, 2025, such quantity of shares of common stock vested calculated as the product of (i) 25,000, multiplied by (ii) a fraction, the numerator of which is the number of calendar days that the Reporting Person was employed by the Issuer from March 26, 2024 through July 2, 2025 and the denominator of which is the number of calendar days in the original vesting period of March 26, 2024 through March 26, 2027. The remaining unvested portion of the award, consisting of 14,429 shares of common stock and calculated as the difference between the 25,000 shares of common stock originally awarded to the Reporting Person on March 26, 2024 and the 10,571 shares of common stock from such award that vested on the last day of the Reporting Person's employment with the Issuer on July 2, 2025, were forfeited to the Issuer.