0001765814-22-000030.txt : 20220812 0001765814-22-000030.hdr.sgml : 20220812 20220812130723 ACCESSION NUMBER: 0001765814-22-000030 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220810 FILED AS OF DATE: 20220812 DATE AS OF CHANGE: 20220812 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CULP ROBERT GEORGE IV CENTRAL INDEX KEY: 0001294280 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12597 FILM NUMBER: 221159118 MAIL ADDRESS: STREET 1: 101 SOUTH MAIN STREET CITY: HIGH POINT STATE: NC ZIP: 27260 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CULP INC CENTRAL INDEX KEY: 0000723603 STANDARD INDUSTRIAL CLASSIFICATION: BROADWOVEN FABRIC MILLS, COTTON [2211] IRS NUMBER: 561001967 STATE OF INCORPORATION: NC FISCAL YEAR END: 0503 BUSINESS ADDRESS: STREET 1: 1823 EASTCHESTER DRIVE CITY: HIGH POINT STATE: NC ZIP: 27265 BUSINESS PHONE: 3368895161 MAIL ADDRESS: STREET 1: P O BOX 2686 CITY: HIGH POINT STATE: NC ZIP: 27265 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2022-08-10 0 0000723603 CULP INC CULP 0001294280 CULP ROBERT GEORGE IV 1823 EASTCHESTER DRIVE HIGH POINT NC 27265 1 1 0 0 President and CEO Restricted Stock Units 0 2022-08-10 4 A 0 55741 0 A Common Stock 97547 55741 D Contingent right to receive issuance of Culp, Inc. common stock. 1/4 of these restricted stock units (13,935 RSUs) vest and convert into the right to receive one share of common stock per RSU (13,935 total shares of common stock) at the end of three years if the participant remains employed by the company as of such date; the remaining 3/4 of these restricted stock units (41,806 RSUs) could vest and convert into the right to receive up to 2 shares of common stock per RSU (83,612 total shares of common stock) if the company achieves certain performance criteria over a the year period beginning May 2, 2022 and ending April 27, 2025, per the terms of the award agreement. /s/ Ashley C. Durbin, Attorney-in-Fact 2022-08-12