4/A//SEC Filing
CULP ROBERT GEORGE IV 4/A
Accession 0001765814-22-000047
CIK 0000723603other
Filed
Aug 21, 8:00 PM ET
Accepted
Aug 22, 5:52 PM ET
Size
6.2 KB
Accession
0001765814-22-000047
Insider Transaction Report
Form 4/AAmended
CULP INCCULP
CULP ROBERT GEORGE IV
President, Culp Home Fashions
Transactions
- Award
Restricted Stock Units
2022-08-10+55,741→ 132,782 totalExercise: $0.00→ Common Stock (97,547 underlying)
Footnotes (3)
- [F1]Contingent right to receive issuance of shares 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 three year period beginning May 2, 2022, and ending April 27, 2025, per the terms of the award agreement.
- [F3]This Amendment is being filed to correct an error in the previously reported Table II - "Number of derivative Securities Beneficially Owned Following Reported Transaction(s)" (Column 9).
Documents
Issuer
CULP INC
CIK 0000723603
Entity typeother
Related Parties
1- filerCIK 0001294280
Filing Metadata
- Form type
- 4/A
- Filed
- Aug 21, 8:00 PM ET
- Accepted
- Aug 22, 5:52 PM ET
- Size
- 6.2 KB