SAXON FRANKLIN N 4
4 · CULP INC · Filed Sep 18, 2018
Insider Transaction Report
Form 4
CULP INCCULP
SAXON FRANKLIN N
DirectorChief Executive Officer
Transactions
- Award
Restricted Stock Units
2018-08-02+17,678→ 17,678 totalExercise: $0.00→ Common Stock (35,356 underlying)
Footnotes (2)
- [F1]Contingent right to receive issuance of Culp Inc. common stock.
- [F2]These restricted stock units vest up to a maximum of 2 shares of common stock per unit(35,356 shares of common stock) over a three year period from April 30, 2018 through May 2, 2021, if the company achieves certain performance and market criteria as defined in the award agreement.