SEC Form 4 · accession 0001404058-17-000002
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
Mar 7, 2017
Accepted (ET)
Mar 9, 2017 · 4:30 pm 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 | Mar 7, 2017 | M | 10,000 | $8.75 | A | 106,434 | D | |
| Common Stock | Mar 7, 2017 | F | 5,140 | $33.15 | D | 101,294 | D | |
| Common StockF1 | holding | — | — | — | 1,148,427 | I | Family Trust | |
| Common Stock | holding | — | — | — | 16,863 | I | 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | $8.75 | Mar 7, 2017 | M | 10,000 | D | Jun 25, 2012 | Jun 25, 2017 | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1Shares 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.