SEC Form 4 · accession 0001404058-15-000027
CULP INC · CULP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Robert G Culp III
Officer — Chairman of the Board · Director · 10% Owner
Period of report
Jul 15, 2015
Accepted (ET)
Jul 16, 2015 · 4:57 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000723603
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | $0.00 | Jul 15, 2015 | A | 8,824 | A | — | — | Common Stock | 17,648 | 8,824 | D |
Explanation of responses
- F1Contingent right to receive issuance of Culp, Inc. common stock.
- F2These restricted stock units could vest up to 2 shares of common stock per unit (17,648 shares of common stock) over a three year period from May 4, 2014 through April 28, 2018, if we obtain certain peformance criteria as defined in the agreement.