Ashley C. Durbin - 08 Aug 2024 Form 4 Insider Report for CULP INC (CULP)

Reporting relationship: SVP, General Counsel
Issuer ticker: CULP
Reported as of: 08 Aug 2024
Net transaction value: $0
SEC form: 4
Accepted by SEC: 12 Aug 2024, 11:33:31 UTC
Prior SEC filing: 19 Jul 2024
Source filing: View source filing
Reporting owner signature: Ashley C. Durbin

Key filing fact

Ashley C. Durbin filed Form 4 for CULP INC (CULP) on 12 Aug 2024.

Key facts

This page summarizes Ashley C. Durbin's Form 4 filing for CULP INC (CULP).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 12 Aug 2024, 11:33.

Change

Previous filing in this sequence was filed on 19 Jul 2024.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CULP transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +21,918
Change %: +75%
Price: $0.000000
Shares after: 51,076
Date: 08 Aug 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 43,837
Exercise price: $0.000000
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Contingent right to receive issuance of Culp, Inc. common stock.

Footnote F2

These restricted stock units (21,918 RSUs) could vest and convert into the right to receive up to a maximum of 43,837 total 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.