SAXON FRANKLIN N 4
4 · CULP INC · Filed Jul 22, 2019
Insider Transaction Report
Form 4
CULP INCCULP
SAXON FRANKLIN N
DirectorChief Executive Officer
Transactions
- Award
Restricted Stock Units
2019-07-18+27,042→ 27,042 totalExercise: $0.00→ Common Stock (54,083 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 (54,083 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.