Robert George Culp IV - Mar 9, 2023 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
Mar 9, 2023
Transactions value $
$24,008
Form type
4
Date filed
3/13/2023, 02:11 PM
Previous filing
Aug 22, 2022
Next filing
Aug 9, 2023

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 $24K +4.12K +13.95% $5.83 33.6K Mar 9, 2023 401(k) Plan F1
holding CULP Common Stock 239K Mar 9, 2023 Direct
holding CULP Common Stock 1.74K Mar 9, 2023 By Anna S. Culp Irrevocable Trust F2
holding CULP Common Stock 1.74K Mar 9, 2023 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 calculation from 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 in trust by CIBC National Trust Company in a trust for the benefit of the Reporting Person's son. 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.