Thomas Bruno - 08 Aug 2024 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
08 Aug 2024
Net transactions value
-$19,198
Form type
4
Filing time
10 Sep 2024, 13:43:37 UTC
Previous filing
02 Oct 2023
Next filing
15 Jul 2025
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 +26% $0.000000 60,114 06 Sep 2024 Direct
transaction CULP Common Stock Tax liability $19,198 -3,636 -6% $5.28 56,478 06 Sep 2024 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 -9.5% $0.000000 119,017 06 Sep 2024 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 on the reporting person remaining employed by the company as of September 6, 2024, as described in the award agreement.