CHUMBLEY BOYD BROOKS 4
4 · CULP INC · Filed Aug 22, 2022
Insider Transaction Report
Form 4
CULP INCCULP
CHUMBLEY BOYD BROOKS
Executive VP Upholstery Fabric
Transactions
- Exercise/Conversion
Common Stock
2022-07-21+6,891→ 47,926 total - Exercise/Conversion
Restricted Stock Units
2022-07-21+6,891→ 38,389 totalExercise: $0.00→ Common Stock (6,891 underlying) - Tax Payment
Common Stock
2022-07-21$5.10/sh−2,015$10,277→ 45,911 total
Holdings
- 7,806(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Contingent right to receive issuance of shares of Culp, Inc. common stock.
- [F2]These restricted stock units represent the right to receive 6,891 shares of Culp, Inc. common stock based on the company's achievement of certain performance criteria over a three year period from April 29, 2019 through May 1, 2022, and based on the reporting person remaining employed by the company as of the end of a three year vesting period, in each case as described in the award agreement.
- [F3]Estimated number of shares based on calculation from information provided by 401(k) Plan Administrator.