4//SEC Filing
Gallagher Thomas Bernard JR 4
Accession 0001765814-22-000035
CIK 0000723603other
Filed
Aug 11, 8:00 PM ET
Accepted
Aug 12, 2:07 PM ET
Size
5.9 KB
Accession
0001765814-22-000035
Insider Transaction Report
Form 4
CULP INCCULP
Gallagher Thomas Bernard JR
Chief Accounting Officer
Transactions
- Award
Restricted Stock Units
2022-08-10+3,109→ 3,109 totalExercise: $0.00→ Common Stock (4,663 underlying)
Footnotes (2)
- [F1]Contingent right to receive issuance of Culp, Inc. common stock.
- [F2]1/2 of these restricted stock units (1,554 RSUs) vest and convert into the right to receive one share of common stock per RSU (1,554 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 (1,554 RSUs) could vest and convert into the right to receive 2 shares of common stock per RSU (3,109 total shares of common stock) if the company achieves certain performance criteria over a three 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 0001404058
Filing Metadata
- Form type
- 4
- Filed
- Aug 11, 8:00 PM ET
- Accepted
- Aug 12, 2:07 PM ET
- Size
- 5.9 KB