| 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 | +9.2K | $0.00 | 9.2K | Sep 26, 2024 | Common Stock | 9.2K | $0.00 | Direct | F1, F2, F3 |
| 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. |
| F3 | The Reporting Person may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding common stock. The Reporting Person disclaims beneficial ownership of the securities of the Issuer owned directly by other members of the Section 13(d) group and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. |