Robert George Culp IV - Jan 19, 2022 Form 4 Insider Report for CULP INC (CULP)

Role
President and CEO, Director
Signature
/s/ Ashley C. Durbin, Attorney-in-Fact
Stock symbol
CULP
Transactions as of
Jan 19, 2022
Transactions value $
$0
Form type
4
Date filed
1/20/2022, 04:03 PM
Previous filing
Jul 26, 2021
Next filing
Mar 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CULP Common Stock Gift $0 +1.74K $0.00 1.74K Jan 19, 2022 By Anna S. Culp Irrevocable Trust F1, F2
transaction CULP Common Stock Gift $0 +1.74K $0.00 1.74K Jan 19, 2022 By Robert G. Culp, IV Irrevocable Trust F3, F4
holding CULP Common Stock 230K Jan 19, 2022 Direct
holding CULP Common Stock 17.9K Jan 19, 2022 401(k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were gifted by the mother of the Reporting Person to a trust for the benefit of the Reporting Person's daughter. The Reporting Person is the sole trustee of this trust, and the Reporting Person has sole voting, dispositive, and investment power over these shares.
F2 These shares are held of record by CIBC National Trust Company in a trust for the benefit of the Reporting Person's daughter. The Reporting Person is the sole trustee for this trust, and the Reporting Person has sole voting, dispositive, and investment power with respect to these shares.
F3 These shares were gifted by the mother of the Reporting Person to a trust for the benefit of the Reporting Person's son. The Reporting Person is the sole trustee of this trust, and the Reporting Person has sole voting, dispositive, and investment power with respect to these shares.
F4 These shares are held of record by CIBC National Trust Company in a trust for the benefit of the Reporting Person's son. The Reporting Person is the sole trustee of this trust, and the Reporting Person has sole voting, dispositive, and investment power with respect to these shares.