Boyd Brooks Chumbley - 06 Aug 2023 Form 4/A - Amendment Insider Report for CULP INC (CULP)

Role
President, Upholstery Fabrics
Signature
Kenneth R. Bowling, Attorney-in-Fact
Issuer symbol
CULP
Transactions as of
06 Aug 2023
Net transactions value
$0
Form type
4/A - Amendment
Filing time
09 Aug 2023, 16:23:01 UTC
Date Of Original Report
08 Aug 2023
Previous filing
22 Aug 2022
Next filing
19 Jul 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
transaction CULP Restricted Stock Units Options Exercise $0 -22,003 -34% $0.000000 43,330 06 Aug 2023 Common Stock 22,003 $0.000000 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Contingent right to receive issuance of Culp, Inc. common stock.
F2 This Amendment is being filed to correct an inadvertent error in the previously reported Table II - "Number of Derivative Securities Acquired (A) or Disposed of (D)" - to reflect that the derivative securities reported were disposed of (rather than acquired).
F3 These restricted stock units represent the right to receive 22,003 shares of Culp, Inc. common stock based on the reporting person remaining employed by the company as of the end of a three-year vesting period, as described in the award agreement.