Justin M. Grow - Jan 22, 2025 Form 3 Insider Report for CULP INC (CULP)

Role
V.P. & General Counsel
Signature
/s/ Justin M. Grow
Stock symbol
CULP
Transactions as of
Jan 22, 2025
Transactions value $
$0
Form type
3
Date filed
1/24/2025, 04:05 PM
Previous filing
Jan 2, 2024
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CULP Restricted Stock Units Jan 22, 2025 Common Stock 21.5K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Contingent right to receive Culp, Inc. common stock.
F2 These service-based restricted stock units are eligible to vest at one share of common stock per unit (21,506) if the reporting person remains employed with the issuer throughout the three-year vesting period beginning January 6, 2025, and ending January 6, 2028, and otherwise pursuant to the terms of the applicable award agreement.