CULP ROBERT GEORGE IV 4
4 · CULP INC · Filed Aug 8, 2023
Insider Transaction Report
Form 4
CULP INCCULP
CULP ROBERT GEORGE IV
President, Culp Home Fashions
Transactions
- Exercise/Conversion
Common Stock
2023-08-06+43,143→ 281,675 total - Exercise/Conversion
Restricted Stock Units
2023-08-06−43,143→ 89,639 totalExercise: $0.00→ Common Stock (43,143 underlying)
Holdings
- 33,646(indirect: By 401(k))
Common Stock
- 1,740(indirect: By Trust)
Common Stock
- 1,740(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]Contingent right to receive issuance of Culp, Inc. common stock.
- [F2]These restricted stock units represent the right to receive 43,143 shares of Culp, Inc. common stock based on the reporting person remaining employed by the company as of the end of a three year vesting period, as described in the award agreement.
- [F3]Estimated number of shares based on calculation from information provided by 401(k) Plan Administrator.
- [F4]These shares are held of record by CIBC National Trust Company in a trust for the benefit of the Reporting Person's daughter. The Reporting Person is the sole trustee for this trust, and the Reporting Person has sole voting, dispositive, and investment power with respect to these shares.
- [F5]These shares are held of record by CIBC National Trust Company in a trust for the benefit of the Reporting Person's son. The Reporting Person is the sole trustee for this trust, and the Reporting Person has sole voting, dispositive, and investment power with respect to these shares.