SAXON FRANKLIN N 4
4 · CULP INC · Filed Aug 8, 2023
Insider Transaction Report
Form 4
CULP INCCULP
SAXON FRANKLIN N
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2023-08-06+6,812→ 0 totalExercise: $0.00→ Common Stock (6,812 underlying) - Exercise/Conversion
Common Stock
2023-08-06+6,812→ 113,475 total
Holdings
- 275(indirect: By 401(k))
Common Stock
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.