Home/Filings/4/0001765814-19-000020
4//SEC Filing

Durbin Ashley Carter 4

Accession 0001765814-19-000020

CIK 0000723603other

Filed

Jul 21, 8:00 PM ET

Accepted

Jul 22, 5:02 PM ET

Size

5.7 KB

Accession

0001765814-19-000020

Insider Transaction Report

Form 4
Period: 2019-07-18
Durbin Ashley Carter
VP, General Counsel
Transactions
  • Award

    Restricted Stock Units

    2019-07-18+1,1981,198 total
    Exercise: $0.00Common Stock (1,797 underlying)
Footnotes (2)
  • [F1]Contingent right to receive issuance of Culp, Inc. common stock.
  • [F2]1/2 of these restricted stock units (599 RSUs) vest and convert into the right to receive one share of common stock per RSU (599 total shares of common stock) at the end of three years if the participant remains employed by the company as of such date; the remaining 1/2 of these restricted stock units (599 RSUs) could vest up to 2 shares of common stock (1,198 total shares of common stock) if the company achieves certain performance criteria over a three year period beginning April 29, 2019 and ending May 1, 2022, per the terms of the award agreement.

Issuer

CULP INC

CIK 0000723603

Entity typeother

Related Parties

1
  • filerCIK 0001765814

Filing Metadata

Form type
4
Filed
Jul 21, 8:00 PM ET
Accepted
Jul 22, 5:02 PM ET
Size
5.7 KB