Robert George Culp IV - 19 Jan 2022 Form 4 Insider Report for CULP INC (CULP)

Role
President and CEO, Director
Signature
/s/ Ashley C. Durbin, Attorney-in-Fact
Issuer symbol
CULP
Transactions as of
19 Jan 2022
Transactions value $
$0
Form type
4
Filing time
20 Jan 2022, 16:03:23
Previous filing
26 Jul 2021
Next filing
11 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CULP Common Stock Gift $0 +1.74K $0.00 1.74K 19 Jan 2022 By Anna S. Culp Irrevocable Trust F1, F2
transaction CULP Common Stock Gift $0 +1.74K $0.00 1.74K 19 Jan 2022 By Robert G. Culp, IV Irrevocable Trust F3, F4
holding CULP Common Stock 230K 19 Jan 2022 Direct
holding CULP Common Stock 17.9K 19 Jan 2022 401(k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were gifted by the mother of the Reporting Person to a trust for the benefit of the Reporting Person's daughter. The Reporting Person is the sole trustee of this trust, and the Reporting Person has sole voting, dispositive, and investment power over these shares.
F2 These shares are held of record by CIBC National Trust Company in a trust for the benefit of the Reporting Person's daughter. The Reporting Person is the sole trustee for this trust, and the Reporting Person has sole voting, dispositive, and investment power with respect to these shares.
F3 These shares were gifted by the mother of the Reporting Person to a trust for the benefit of the Reporting Person's son. The Reporting Person is the sole trustee of this trust, and the Reporting Person has sole voting, dispositive, and investment power with respect to these shares.
F4 These shares are held of record by CIBC National Trust Company in a trust for the benefit of the Reporting Person's son. The Reporting Person is the sole trustee of this trust, and the Reporting Person has sole voting, dispositive, and investment power with respect to these shares.