Justin M. Grow - 22 Jan 2025 Form 3 Insider Report for CULP INC (CULP)

Role
V.P. & General Counsel
Signature
/s/ Justin M. Grow
Issuer symbol
CULP
Transactions as of
22 Jan 2025
Net transactions value
$0
Form type
3
Filing time
24 Jan 2025, 16:05:58 UTC
Previous filing
02 Jan 2024
SEC
View on sec.gov

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
holding CULP Restricted Stock Units 22 Jan 2025 Common Stock 21,506 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Contingent right to receive Culp, Inc. common stock.
F2 These service-based restricted stock units are eligible to vest at one share of common stock per unit (21,506) if the reporting person remains employed with the issuer throughout the three-year vesting period beginning January 6, 2025, and ending January 6, 2028, and otherwise pursuant to the terms of the applicable award agreement.