Brown Cassandra J 4
4 · CULP INC · Filed Aug 10, 2020
Insider Transaction Report
Form 4
CULP INCCULP
Brown Cassandra J
President, Culp Home Fashions
Transactions
- Award
Restricted Stock Units
2020-08-06+14,687→ 14,687 totalExercise: $0.00→ Common Stock (14,687 underlying)
Footnotes (2)
- [F1]Contingent right to receive issuance of Culp, Inc. common stock.
- [F2]These time-based restricted stock units vest and convert into the right to receive on share of common stock per unit (14,687 total shares) if the participant remains employed by the company at the end of the three-year vesting period, which begins May 4, 2020 and ends April 30, 2023, per the terms of the award agreement.