Bowling Kenneth R 4/A
4/A · CULP INC · Filed Aug 9, 2023
Insider Transaction Report
Form 4/AAmended
CULP INCCULP
Bowling Kenneth R
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2023-08-06−17,357→ 36,393 totalExercise: $0.00→ Common Stock (17,357 underlying) - Exercise/Conversion
Common Stock
2023-08-06+17,357→ 34,679 total - Tax Payment
Common Stock
2023-08-06$5.67/sh−6,440$36,515→ 28,239 total
Holdings
- 18,170(indirect: By 401(k))
Common Stock
Footnotes (5)
- [F1]Contingent right to receive issuance of Culp, Inc. common stock.
- [F2]This Amendment is being filed to correct an inadvertent error in the previously reported Table II - "Number of Derivative Securities Acquired (A) or Disposed of (D)" - to reflect that the derivative securities were disposed of (rather than acquired).
- [F3]These restricted stock units represent the right to receive 17,357 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.
- [F4]This Amendment is being filed to correct an error in the previously reported Table I - "Amount of Securities Beneficially Owned Followed Reported Transactions" - relating to the number of securities beneficially owned after each of the two transactions reported in such previously reported table.
- [F5]Estimated number of shares based on calculation from information provided by 401(k) Plan Administrator.