Sharon A. Decker - 26 Sep 2024 Form 4 Insider Report for CULP INC (CULP)

Role
Director
Signature
/s/ Ashley C. Durbin, Attorney-in-Fact
Issuer symbol
CULP
Transactions as of
26 Sep 2024
Net transactions value
$0
Form type
4
Filing time
30 Sep 2024, 10:22:14 UTC
Previous filing
27 Sep 2024
Next filing
25 Sep 2025
SEC
View on sec.gov

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 Award $0 +9,197 $0.000000 9,197 26 Sep 2024 Common Stock 9,197 $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 vest and convert into the right to receive one share of common stock per restricted stock unit (9,197 total shares of common stock) on the date that is the earlier of (i) the one-year anniversary of the date of grant, and (ii) the next annual meeting of shareholders which is at least 50 weeks after the immediately preceding year's annual meeting.