SEC Form 4 · accession 0001404058-16-000040
CULP INC · CULP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick B Flavin
Director
Period of report
Jan 11, 2016
Accepted (ET)
Jan 12, 2016 · 10:31 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000723603
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 11, 2016 | M | 1,000 | $12.13 | A | 32,688 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (Right to Buy)F1 | $12.13 | Jan 11, 2016 | M | 1,000 | D | Oct 8, 2012 | Oct 8, 2022 | Common Stock | 1,000 | 0 | D |
Explanation of responses
- F1Non-Qualified stock option (right to buy) pursuant to the Culp, Inc. 2007 Equity Incentive Plan in reliance upon exemption provided by Rule 16b-3(d).