Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CULP | Restricted Stock Units | Award | $0 | +108K | +74.06% | $0.00 | 253K | Aug 8, 2024 | Common Stock | 215K | $0.00 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Contingent right to receive issuance of Culp, Inc. common stock. |
F2 | These restricted stock units (107,527 RSUs) could vest and convert into the right to receive up to a maximum of 215,054 shares of common stock if the company achieves certain performance criteria over a three-year performance period beginning April 29, 2024, and ending May 2, 2027, per the terms of the award agreement. |