Robert George Culp IV - Jul 6, 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
Jul 6, 2022
Transactions value $
$38,429
Form type
4
Date filed
7/8/2022, 02:42 PM
Previous filing
Mar 11, 2022
Next filing
Aug 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CULP Common Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $38.4K +8.34K +39.34% $4.61 29.5K Jul 6, 2022 401(k) Plan F1
holding CULP Common Stock 230K Jul 6, 2022 Direct
holding CULP Common Stock 1.74K Jul 6, 2022 By Anna S. Culp Irrevocable Trust F2
holding CULP Common Stock 1.74K Jul 6, 2022 By Robert G. Culp, IV Irrevocable Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Estimated number of shares based on information provided by 401(k) Plan Administrator.
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 are held of record by CIBC National Trust Company in a trust for the benefit of the Reporting Person's son. The Reporting Person's son is the sole trustee for this trust, and the Reporting Person has sole voting, dispositive, and investment power with respect to these shares.