CULP INC·4

Aug 8, 6:01 PM ET

SAXON FRANKLIN N 4

4 · CULP INC · Filed Aug 8, 2023

Insider Transaction Report

Form 4
Period: 2023-08-06
Transactions
  • Exercise/Conversion

    Common Stock

    [F3]
    2023-08-06+6,812113,475 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F2]
    2023-08-06+6,8120 total
    Exercise: $0.00Common Stock (6,812 underlying)
Holdings
  • Common Stock

    [F4]
    (indirect: By 401(k))
    275
Footnotes (4)
  • [F1]Contingent right to receive issuance of shares of Culp, Inc. common stock.
  • [F2]These restricted stock units represent the right to receive 6,812 shares of Culp, Inc. common stock based on the reporting person remaining employed or continuing to provide services to the company as an independent contractor as of the end of the three year vesting period as described in the award agreement.
  • [F3]Includes 3,000 shares owned by Lori Saxon, Mr. Saxon's spouse, in her own name. Mr. Saxon disclaims beneficial ownership of the shares owned by his spouse.
  • [F4]Estimated based on calculation from information provided by 401(k) Plan Administrator.
Signature
/s/ Ashley C. Durbin, Attorney-in-Fact|2023-08-08

Documents

1 file
  • 4
    primary_doc.xmlPrimary

    PRIMARY DOCUMENT