Ronald S. Chandler - 05 Mar 2025 Form 3 Insider Report for CULP INC (CULP)

Role: VP & Corporate Controller
Signature: /s/ Justin M. Grow, Attorney-In-Fact
Issuer symbol: CULP
Transactions as of: 05 Mar 2025
Net transactions value: $0
Form type: 3
Filing time: 13 Mar 2025, 13:53:54 UTC
Next filing: 15 Jul 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	CULP	Common Stock						1,541	05 Mar 2025	Direct

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							05 Mar 2025	Common Stock	1,500	$0.000000	Direct	F1, F2
holding	CULP	Restricted Stock Units							05 Mar 2025	Common Stock	2,000	$0.000000	Direct	F1, F3
holding	CULP	Restricted Stock Units							05 Mar 2025	Common Stock	2,000	$0.000000	Direct	F1, F4

* 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 (1,500) if the reporting person remains employed with the issuer throughout the three-year vesting period ending July 11, 2025, and otherwise pursuant to the terms of the applicable award agreement.
F3	These service-based restricted stock units are eligible to vest at one share of common stock per unit (2,000) if the reporting person remains employed with the issuer throughout the three-year vesting period ending July 17, 2026, and otherwise pursuant to the terms of the applicable award agreement.
F4	These service-based restricted stock units are eligible to vest at one share of common stock per unit (2,000) if the reporting person remains employed with the issuer throughout the three-year vesting period ending July 16, 2027, and otherwise pursuant to the terms of the applicable award agreement.