SEC Form 4 · accession 0001404058-18-000001
CULP INC · CULP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert George Culp IV
Officer — President, Culp Home Fashions
Period of report
Jan 25, 2018
Accepted (ET)
Jan 29, 2018 · 3:01 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 | Jan 25, 2018 | M | 15,000 | $7.08 | A | 43,326 | D | |
| Common Stock | holding | — | — | — | 4,621 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (Right to Buy)F1 | $7.08 | Jan 25, 2018 | M | 15,000 | D | Jun 17, 2008 | Jun 17, 2018 | Common Stock | 15,000 | 0 | D |
Explanation of responses
- F1Employee stock option (right to buy) granted pursuant to Culp Inc. 2007 Equity Incentive Plan in reliance upon exemption provided by Rule 16b-3(d).