SEC Form 4 · accession 0001404058-16-000075
CULP INC · CULP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert G Culp III
Officer — Chairman of the Board · Director · 10% Owner
Period of report
Sep 12, 2016
Accepted (ET)
Sep 14, 2016 · 3:49 pm EDT
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 StockF1 | Sep 12, 2016 | S | 4,200 | $32.86 | D | 12,599 | I | 401(k) Plan |
| Common StockF1 | Sep 13, 2016 | S | 4,360 | $31.84 | D | 8,239 | I | 401(k) Plan |
| Common StockF2 | holding | — | — | — | 1,148,427 | I | Family Trust | |
| Common Stock | holding | — | — | — | 16,863 | I | Spousal | |
| Common Stock | holding | — | — | — | 96,434 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Open market sale pursuant to a 10b5-1 trading plan adopted June 20, 2016, by Reporting Person in accordance with Rule 10b5-1 of the Securities Exchange Act, as amended.
- F2Shares held of record by Atlantic Trust for the benefit of Robert G. Culp, III, Judith C. Walker, and Harry R. Culp, all of which shares Robert G. Culp, III has the right to vote and jointly (with Atlantic Trust)has the right to invest.