Baugh John Allen 4
4 · CULP INC · Filed Sep 27, 2024
Insider Transaction Report
Form 4
CULP INCCULP
Baugh John Allen
Other
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-09-25−9,839→ 0 totalExercise: $0.00→ Common Stock (9,839 underlying) - Exercise/Conversion
Common Stock
2024-09-25+9,839→ 42,078 total
Footnotes (2)
- [F1]Contingent right to receive issuance of Culp, Inc. common stock.
- [F2]These restricted stock units represent the right to receive 9,839 shares of Culp, Inc. common stock based on the reporting person remaining a director as of the date that is the earlier of (i) the one-year anniversary of the date of the grant, or (ii) the next annual meeting of shareholders (after the date of the grant) which is at least 50 weeks after the immediately preceding year's annual meeting.