Franklin N. Saxon - Aug 6, 2023 Form 4/A - Amendment Insider Report for CULP INC (CULP)

Role
Director
Signature
/s/ Ashley C. Durbin, Attorney-in-Fact
Stock symbol
CULP
Transactions as of
Aug 6, 2023
Transactions value $
$0
Form type
4/A - Amendment
Date filed
8/9/2023, 04:30 PM
Date Of Original Report
Aug 8, 2023

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 -6.81K -100% $0.00* 0 Aug 6, 2023 Common Stock 6.81K $0.00 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 shares 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 6,812 shares of Culp, Inc. common stock based on the reporting person remaining employed by or continuing to provide services to the company as an independent contractor as of the end of the three-year vesting period as described in the award agreement.