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