ROBERT GEORGE CULP IV - 09 Mar 2023 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
09 Mar 2023
Net transactions value
+$24,008
Form type
4
Filing time
13 Mar 2023, 14:11:56 UTC
Previous filing
22 Aug 2022
Next filing
09 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CULP Common Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $24,008 +4,118 +14% $5.83 33,646 09 Mar 2023 401(k) Plan F1
holding CULP Common Stock 238,532 09 Mar 2023 Direct
holding CULP Common Stock 1,740 09 Mar 2023 By Anna S. Culp Irrevocable Trust F2
holding CULP Common Stock 1,740 09 Mar 2023 By Robert G. Culp, IV Irrevocable Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Estimated number of shares based on calculation from information provided by 401(k) Plan Administrator.
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 are held in trust by CIBC National Trust Company in a trust for the benefit of the Reporting Person's son. 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.