SEC Form 4 · accession 0001404058-17-000014
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
Mar 23, 2017
Accepted (ET)
Mar 24, 2017 · 12:39 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,F2 | Mar 23, 2017 | S | 137 | $32.00 | D | 1,117,529 | I | Family Trust |
| Common Stock | holding | — | — | — | 16,863 | I | Spousal | |
| Common Stock | holding | — | — | — | 101,924 | 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 December 6, 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, 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.