4//SEC Filing
Durbin Ashley Carter 4
Accession 0001765814-23-000060
CIK 0000723603other
Filed
Oct 1, 8:00 PM ET
Accepted
Oct 2, 5:02 PM ET
Size
5.9 KB
Accession
0001765814-23-000060
Insider Transaction Report
Form 4
CULP INCCULP
Durbin Ashley Carter
VP, General Counsel
Transactions
- Award
Restricted Stock Units
2023-09-28+18,232→ 35,802 totalExercise: $0.00→ Common Stock (24,309 underlying)
Footnotes (2)
- [F1]Contingent right to receive issuance of Culp, Inc. common stock.
- [F2]1/2 of these restricted stock units (9,116 RSUs) vest and convert into the right to receive one share of common stock per RSU (9,116 total shares of common stock) on or about July 10, 2026 if the participant remains employed by the company as of such date; the remaining 1/2 of these restricted stock units (9,116 RSUs) could vest and convert into the right to receive up to a maximum of 15,193 total shares of common stock if the company achieves certain performance criteria over a three-year performance period beginning May 1, 2023 and ending May 3, 2026, per the terms of the award agreement.
Documents
Issuer
CULP INC
CIK 0000723603
Entity typeother
Related Parties
1- filerCIK 0001765814
Filing Metadata
- Form type
- 4
- Filed
- Oct 1, 8:00 PM ET
- Accepted
- Oct 2, 5:02 PM ET
- Size
- 5.9 KB