Bowling Kenneth R 4
4 · CULP INC · Filed Aug 12, 2024
Insider Transaction Report
Form 4
CULP INCCULP
Bowling Kenneth R
Chief Financial Officer
Transactions
- Award
Restricted Stock Units
2024-08-08+45,402→ 105,800 totalExercise: $0.00→ Common Stock (90,804 underlying)
Footnotes (2)
- [F1]Contingent right to receive issuance of Culp, Inc. common stock.
- [F2]These restricted stock units (45,402 RSUs) could vest and convert into the right to receive up to a maximum of 90,804 shares of common stock if the company achieves certain performance criteria over a three-year performance period beginning April 29, 2024, and ending May 2, 2027, per the terms of the award agreement.