Thomas Bruno - 06 Sep 2023 Form 4 Insider Report for CULP INC (CULP)

Role: President, Mattress Fabrics
Signature: /s/ Ashley C. Durbin, Attorney-in-Fact
Issuer symbol: CULP
Transactions as of: 06 Sep 2023
Net transactions value: $0
Form type: 4
Filing time: 07 Sep 2023, 11:02:25 UTC
Previous filing: 04 Jan 2023
Next filing: 11 Sep 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CULP	Common Stock	Options Exercise	$0	+12,557	+126%	$0.000000	22,557	06 Sep 2023	Direct

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	-12,557	-19%	$0.000000	52,706	06 Sep 2023	Common Stock	12,557	$0.000000	Direct	F1, F2

* 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	These restricted stock units represent the right to receive 12,557 shares of Culp, Inc. common stock based upon the reporting person remaining employed by the company as of September 6, 2023, as described in the award agreement.