4//SEC Filing
CULP ROBERT GEORGE IV 4
Accession 0001765814-22-000030
CIK 0000723603other
Filed
Aug 11, 8:00 PM ET
Accepted
Aug 12, 1:07 PM ET
Size
5.9 KB
Accession
0001765814-22-000030
Insider Transaction Report
Form 4
CULP INCCULP
CULP ROBERT GEORGE IV
President, Culp Home Fashions
Transactions
- Award
Restricted Stock Units
2022-08-10+55,741→ 55,741 totalExercise: $0.00→ Common Stock (97,547 underlying)
Footnotes (2)
- [F1]Contingent right to receive issuance of Culp, Inc. common stock.
- [F2]1/4 of these restricted stock units (13,935 RSUs) vest and convert into the right to receive one share of common stock per RSU (13,935 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 3/4 of these restricted stock units (41,806 RSUs) could vest and convert into the right to receive up to 2 shares of common stock per RSU (83,612 total shares of common stock) if the company achieves certain performance criteria over a the year period beginning May 2, 2022 and ending April 27, 2025, per the terms of the award agreement.
Documents
Issuer
CULP INC
CIK 0000723603
Entity typeother
Related Parties
1- filerCIK 0001294280
Filing Metadata
- Form type
- 4
- Filed
- Aug 11, 8:00 PM ET
- Accepted
- Aug 12, 1:07 PM ET
- Size
- 5.9 KB