Thomas Bruno - Aug 8, 2024 Form 4 Insider Report for CULP INC (CULP)

Role
President, Mattress Fabrics
Signature
/s/ Ashley C. Durbin, Attorney-in-Fact
Stock symbol
CULP
Transactions as of
Aug 8, 2024
Transactions value $
-$19,198
Form type
4
Date filed
9/10/2024, 01:43 PM
Previous filing
Oct 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CULP Common Stock Options Exercise $0 +12.6K +26.4% $0.00 60.1K Sep 6, 2024 Direct
transaction CULP Common Stock Tax liability -$19.2K -3.64K -6.05% $5.28 56.5K Sep 6, 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 -12.6K -9.54% $0.00 119K Sep 6, 2024 Common Stock 12.6K $0.00 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.