SAXON FRANKLIN N 4
4 · CULP INC · Filed Jul 17, 2017
Insider Transaction Report
Form 4
CULP INCCFI
SAXON FRANKLIN N
DirectorChief Executive Officer
Transactions
- Award
Restricted Stock Units
2017-07-13+13,245→ 13,245 totalExercise: $0.00→ Common Stock (26,490 underlying)
Footnotes (2)
- [F1]Contingent right to receive issuance of Culp Inc. common stock
- [F2]These restricted stock units could vest up to a maximum of 2 shares of common stock per unit (26,490 shares of common stock) over a three year period from May 1, 2017 through May 3, 2020, if the company achieves certain performance criteria as defined in the award agreement.