Form 4 for CULP CULP INC
Accepted 2023-08-08 00:00:00 ET · period of report 2023-08-06 · accession 0001765814-23-000039 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-08-08 | 2023-08-06 | CULP | SAXON FRANKLIN N | Dir | M - OptEx | $0.00 | +6,812 | 113.5K | +6% | $0 |
| D | 2023-08-08 | 2023-08-06 | CULP | SAXON FRANKLIN N | Dir | M - OptEx | $0.00 | +6,812 | 0 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-08-06 | M | A | 6,812 | $0.00 | 113,475 | D | — | — | (F3) Includes 3,000 shares owned by Lori Saxon, Mr. Saxon's spouse, in her own name. Mr. Saxon disclaims beneficial ownership of the shares owned by his spouse. |
| 2 | Derivative | Restricted Stock Units | 2023-08-06 | M | A | 6,812 | $0.00 | 0 | D | $0.00 · — to — | 6,812 Common Stock | (F1) Contingent right to receive issuance of shares of Culp, Inc. common stock. (F2) These restricted stock units represent the right to receive 6,812 shares of Culp, Inc. common stock based on the reporting person remaining employed or continuing to provide services to the company as an independent contractor as of the end of the three year vesting period as described in the award agreement. |