CULP ROBERT GEORGE IV 4
4 · CULP INC · Filed Aug 22, 2022
Insider Transaction Report
Form 4
CULP INCCULP
CULP ROBERT GEORGE IV
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Common Stock
2022-07-21+8,518→ 238,532 total - Exercise/Conversion
Restricted Stock Units
2022-07-21+8,518→ 77,041 totalExercise: $0.00→ Common Stock (8,518 underlying)
Holdings
- 1,740(indirect: By Trust)
Common Stock
- 29,528(indirect: By 401(k))
Common Stock
- 1,740(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]Contingent right to receive issuance of Culp, Inc. common stock.
- [F2]These restricted stock units represent the right to received 8,518 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.
- [F3]Estimated number of shares based on calculation from information provided by 401(k) Plan Administrator.
- [F4]These shares are held of record by CIBC National Trust Company in a trust for the benefit of Reporting Person's daughter. The Reporting Person is the sole trustee for this trust, and the Reporting Person has sole voting, dispositive, and investment power with respect to these shares.
- [F5]These shares are held of record by CIBC National Trust Company in a trust for the benefit of the Reporting Person's son. The Reporting Person is the sole trustee for this trust, and the Reporting Person has sole voting, dispositive, and investment power with respect to these shares.