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Durbin Ashley Carter

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88404
SEC CIK
0001765814

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CompanyLast reported asReport datePublished
CULP INCCULP · Entity 7288SVP, General CounselAugust 08, 2024August 12, 2024

Disclosed balances

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Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.

CULP INC

Report date August 08, 2024 · Filed August 12, 2024

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Restricted Stock UnitsSEC Table II · derivative / convertible security · Conversion / exercise price $0.00Direct51,076 Reported balance After 2024-08-08 transaction · row 1 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 1 · 2024-08-08 · Grant · Acquired 21,918 · Balance 51,076

F1: Contingent right to receive issuance of Culp, Inc. common stock.

F2: These restricted stock units (21,918 RSUs) could vest and convert into the right to receive up to a maximum of 43,837 total shares of common stock if the company achieves certain performance criteria over a three-year performance period beginning April 29, 2024, and ending May 2, 2027.

Filing footnotes · ownership attribution and instrument terms

F1: Contingent right to receive issuance of Culp, Inc. common stock.

F2: These restricted stock units (21,918 RSUs) could vest and convert into the right to receive up to a maximum of 43,837 total shares of common stock if the company achieves certain performance criteria over a three-year performance period beginning April 29, 2024, and ending May 2, 2027.

Transaction history

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateCompanyActivity / securityShares / unitsReported priceReported valueDetails
August 08, 2024 Filed Aug 12, 2024 15:33 UTC CULP INC CULP · Entity 7288 GrantRestricted Stock Units · Derivative 21,918 $0.00 Strike: $0.00 $0.00
Disclosure

SEC source: 0001765814-24-000014 · primary_doc.xml · derivative · entry 1

Durbin Ashley Carter · CIK 0001765814 · SVP, General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 51,076

Underlying: Common Stock · 43,837 shares

Expires not disclosed

F1 · security: Contingent right to receive issuance of Culp, Inc. common stock.

F2 · shares: These restricted stock units (21,918 RSUs) could vest and convert into the right to receive up to a maximum of 43,837 total shares of common stock if the company achieves certain performance criteria over a three-year performance period beginning April 29, 2024, and ending May 2, 2027.

F2 · derivative.exercise_date: These restricted stock units (21,918 RSUs) could vest and convert into the right to receive up to a maximum of 43,837 total shares of common stock if the company achieves certain performance criteria over a three-year performance period beginning April 29, 2024, and ending May 2, 2027.

F2 · derivative.expiration_date: These restricted stock units (21,918 RSUs) could vest and convert into the right to receive up to a maximum of 43,837 total shares of common stock if the company achieves certain performance criteria over a three-year performance period beginning April 29, 2024, and ending May 2, 2027.

F2 · derivative.underlying_shares: These restricted stock units (21,918 RSUs) could vest and convert into the right to receive up to a maximum of 43,837 total shares of common stock if the company achieves certain performance criteria over a three-year performance period beginning April 29, 2024, and ending May 2, 2027.

Read SEC document
July 18, 2024 Filed Jul 19, 2024 14:46 UTC CULP INC CULP · Entity 7288 Exercise / conversionRestricted Stock Units · Derivative 3,322 $0.00 Strike: $0.00 $0.00
Disclosure

SEC source: 0001765814-24-000007 · primary_doc.xml · derivative · entry 4

Durbin Ashley Carter · CIK 0001765814 · SVP, General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 29,158

Underlying: Common Stock · 3,322 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: Contingent right to receive issuance of Culp, Inc. common stock.

F2 · derivative.exercise_date: These restricted stock units represent the right to receive 3,322 shares of Culp, Inc. common stock based on the reporting person remaining employed by the company as of the end of the three year vesting period, as described in the award agreement.

F2 · derivative.expiration_date: These restricted stock units represent the right to receive 3,322 shares of Culp, Inc. common stock based on the reporting person remaining employed by the company as of the end of the three year vesting period, as described in the award agreement.

Read SEC document
July 18, 2024 Filed Jul 19, 2024 14:46 UTC CULP INC CULP · Entity 7288 Tax withholdingCommon Stock 1,138 $5.10 $5,803.80
Disclosure

SEC source: 0001765814-24-000007 · primary_doc.xml · nonDerivative · entry 2

Durbin Ashley Carter · CIK 0001765814 · SVP, General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,250

Read SEC document
July 18, 2024 Filed Jul 19, 2024 14:46 UTC CULP INC CULP · Entity 7288 Exercise / conversionCommon Stock 3,322 $0.00 $0.00
Disclosure

SEC source: 0001765814-24-000007 · primary_doc.xml · nonDerivative · entry 1

Durbin Ashley Carter · CIK 0001765814 · SVP, General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,388

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
September 28, 2023 Filed Oct 2, 2023 21:02 UTC CULP INC CULP · Entity 7288 GrantRestricted Stock Units · Derivative 18,232 $0.00 Strike: $0.00 $0.00
Disclosure

SEC source: 0001765814-23-000060 · primary_doc.xml · derivative · entry 1

Durbin Ashley Carter · CIK 0001765814 · SVP, General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 35,802

Underlying: Common Stock · 24,309 shares

Expires not disclosed

F1 · security: Contingent right to receive issuance of Culp, Inc. common stock.

F2 · shares: 1/2 of these restricted stock units (9,116 RSUs) vest and convert into the right to receive one share of common stock per RSU (9,116 total shares of common stock) on or about July 10, 2026 if the participant remains employed by the company as of such date; the remaining 1/2 of these restricted stock units (9,116 RSUs) could vest and convert into the right to receive up to a maximum of 15,193 total shares of common stock if the company achieves certain performance criteria over a three-year performance period beginning May 1, 2023 and ending May 3, 2026, per the terms of the award agreement.

F2 · derivative.exercise_date: 1/2 of these restricted stock units (9,116 RSUs) vest and convert into the right to receive one share of common stock per RSU (9,116 total shares of common stock) on or about July 10, 2026 if the participant remains employed by the company as of such date; the remaining 1/2 of these restricted stock units (9,116 RSUs) could vest and convert into the right to receive up to a maximum of 15,193 total shares of common stock if the company achieves certain performance criteria over a three-year performance period beginning May 1, 2023 and ending May 3, 2026, per the terms of the award agreement.

F2 · derivative.expiration_date: 1/2 of these restricted stock units (9,116 RSUs) vest and convert into the right to receive one share of common stock per RSU (9,116 total shares of common stock) on or about July 10, 2026 if the participant remains employed by the company as of such date; the remaining 1/2 of these restricted stock units (9,116 RSUs) could vest and convert into the right to receive up to a maximum of 15,193 total shares of common stock if the company achieves certain performance criteria over a three-year performance period beginning May 1, 2023 and ending May 3, 2026, per the terms of the award agreement.

F2 · derivative.underlying_shares: 1/2 of these restricted stock units (9,116 RSUs) vest and convert into the right to receive one share of common stock per RSU (9,116 total shares of common stock) on or about July 10, 2026 if the participant remains employed by the company as of such date; the remaining 1/2 of these restricted stock units (9,116 RSUs) could vest and convert into the right to receive up to a maximum of 15,193 total shares of common stock if the company achieves certain performance criteria over a three-year performance period beginning May 1, 2023 and ending May 3, 2026, per the terms of the award agreement.

Read SEC document
August 06, 2023 Filed Aug 8, 2023 22:14 UTC CULP INC CULP · Entity 7288 Exercise / conversionRestricted Stock Units · Derivative 2,112 $0.00 Strike: $0.00 $0.00
Disclosure

SEC source: 0001765814-23-000040 · primary_doc.xml · derivative · entry 3

Durbin Ashley Carter · CIK 0001765814 · SVP, General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 17,574

Underlying: Common Stock · 2,112 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: Contingent right to receive issuance of shares of Culp, Inc. common stock.

F2 · derivative.exercise_date: These restricted stock units represent the right to receive 2,112 shares of Culp, Inc. common stock based on the reporting person remaining employed by the company as of the end of the three year vesting period, as described in the award agreement.

F2 · derivative.expiration_date: These restricted stock units represent the right to receive 2,112 shares of Culp, Inc. common stock based on the reporting person remaining employed by the company as of the end of the three year vesting period, as described in the award agreement.

Read SEC document
August 06, 2023 Filed Aug 8, 2023 22:14 UTC CULP INC CULP · Entity 7288 Exercise / conversionCommon Stock 2,112 $0.00 $0.00
Disclosure

SEC source: 0001765814-23-000040 · primary_doc.xml · nonDerivative · entry 1

Durbin Ashley Carter · CIK 0001765814 · SVP, General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,066

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
August 06, 2023 Filed Aug 9, 2023 20:40 UTC Amendment CULP INC CULP · Entity 7288 Exercise / conversionRestricted Stock Units · Derivative 2,112 $0.00 Strike: $0.00 $0.00
Disclosure

SEC source: 0001765814-23-000046 · primary_doc.xml · derivative · entry 1

Durbin Ashley Carter · CIK 0001765814 · SVP, General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 17,570

Underlying: Common Stock · 2,112 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: Contingent right to receive issuance of Culp, Inc. common stock.

F2 · shares: This Amendment is being filed to correct an inadvertent error in the previously reported Table II - "Number of Derivative Securities Acquired (A) or Disposed of (D)" - to reflect that the derivative securities reported were disposed of (rather than acquired).

F3 · derivative.exercise_date: These restricted stock units represent the right to receive 2,112 shares of Culp, Inc. common stock based upon the reporting person remaining employed by the company as of the end of the three-year vesting period, as described in the award agreement.

F3 · derivative.expiration_date: These restricted stock units represent the right to receive 2,112 shares of Culp, Inc. common stock based upon the reporting person remaining employed by the company as of the end of the three-year vesting period, as described in the award agreement.

F4 · balance_after: This Amendment is being filed to correct an error in the previously reported Table II - "Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)".

Read SEC document
August 10, 2022 Filed Aug 12, 2022 17:42 UTC CULP INC CULP · Entity 7288 GrantRestricted Stock Units · Derivative 10,926 $0.00 Strike: $0.00 $0.00
Disclosure

SEC source: 0001765814-22-000033 · primary_doc.xml · derivative · entry 1

Durbin Ashley Carter · CIK 0001765814 · VP, General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,926

Underlying: Common Stock · 16,389 shares

Expires not disclosed

F1 · security: Contingent right to receive issuance of Culp, Inc. common stock.

F2 · shares: 1/2 of these restricted stock units (5,463 RSUs) vest and convert into the right to receive one share of common stock (5,463 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 1/2 of these restricted stock units (5,463 RSUs) could vest and convert into the right to receive up to 2 shares of common stock per RSU (10,926 total shares of common stock) if the company achieves certain performance criteria over a three year period beginning May 2, 2022, and ending April 27, 2025, per the terms of the award agreement.

F2 · derivative.exercise_date: 1/2 of these restricted stock units (5,463 RSUs) vest and convert into the right to receive one share of common stock (5,463 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 1/2 of these restricted stock units (5,463 RSUs) could vest and convert into the right to receive up to 2 shares of common stock per RSU (10,926 total shares of common stock) if the company achieves certain performance criteria over a three year period beginning May 2, 2022, and ending April 27, 2025, per the terms of the award agreement.

F2 · derivative.expiration_date: 1/2 of these restricted stock units (5,463 RSUs) vest and convert into the right to receive one share of common stock (5,463 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 1/2 of these restricted stock units (5,463 RSUs) could vest and convert into the right to receive up to 2 shares of common stock per RSU (10,926 total shares of common stock) if the company achieves certain performance criteria over a three year period beginning May 2, 2022, and ending April 27, 2025, per the terms of the award agreement.

F2 · derivative.underlying_shares: 1/2 of these restricted stock units (5,463 RSUs) vest and convert into the right to receive one share of common stock (5,463 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 1/2 of these restricted stock units (5,463 RSUs) could vest and convert into the right to receive up to 2 shares of common stock per RSU (10,926 total shares of common stock) if the company achieves certain performance criteria over a three year period beginning May 2, 2022, and ending April 27, 2025, per the terms of the award agreement.

Read SEC document
August 10, 2022 Filed Aug 22, 2022 19:42 UTC Amendment CULP INC CULP · Entity 7288 GrantRestricted Stock Units · Derivative 10,926 $0.00 Strike: $0.00 $0.00
Disclosure

SEC source: 0001765814-22-000038 · primary_doc.xml · derivative · entry 1

Durbin Ashley Carter · CIK 0001765814 · VP, General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,686

Underlying: Common Stock · 16,389 shares

Expires not disclosed

F1 · security: Contingent right to receive issuance of Culp, Inc. common stock.

F2 · shares: 1/2 of these restricted stock units (5,463 RSUs) vest and convert into the right to receive one share of common stock (5,463 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 1/2 of these restricted stock units (5,463 RSUs) could vest and convert into the right to receive up to 2 shares of common stock per RSU (10,926 total shares of common stock) if the company achieves certain performance criteria over a three year period beginning May 2, 2022, and ending April 27, 2025, per the terms of the award agreement.

F2 · derivative.exercise_date: 1/2 of these restricted stock units (5,463 RSUs) vest and convert into the right to receive one share of common stock (5,463 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 1/2 of these restricted stock units (5,463 RSUs) could vest and convert into the right to receive up to 2 shares of common stock per RSU (10,926 total shares of common stock) if the company achieves certain performance criteria over a three year period beginning May 2, 2022, and ending April 27, 2025, per the terms of the award agreement.

F2 · derivative.expiration_date: 1/2 of these restricted stock units (5,463 RSUs) vest and convert into the right to receive one share of common stock (5,463 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 1/2 of these restricted stock units (5,463 RSUs) could vest and convert into the right to receive up to 2 shares of common stock per RSU (10,926 total shares of common stock) if the company achieves certain performance criteria over a three year period beginning May 2, 2022, and ending April 27, 2025, per the terms of the award agreement.

F2 · derivative.underlying_shares: 1/2 of these restricted stock units (5,463 RSUs) vest and convert into the right to receive one share of common stock (5,463 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 1/2 of these restricted stock units (5,463 RSUs) could vest and convert into the right to receive up to 2 shares of common stock per RSU (10,926 total shares of common stock) if the company achieves certain performance criteria over a three year period beginning May 2, 2022, and ending April 27, 2025, per the terms of the award agreement.

F3 · balance_after: This Amendment is being filed to correct an error in the previously reported Table II - "Number of derivative Securities Beneficially Owned Following Reported Transaction(s)" (Column 9).

Read SEC document
July 21, 2022 Filed Aug 22, 2022 18:52 UTC CULP INC CULP · Entity 7288 Exercise / conversionRestricted Stock Units · Derivative 599 $0.00 Strike: $0.00 $0.00
Disclosure

SEC source: 0001765814-22-000037 · primary_doc.xml · derivative · entry 3

Durbin Ashley Carter · CIK 0001765814 · VP, General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,756

Underlying: Common Stock · 599 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: Contingent right to receive issuance of Culp, Inc. common stock.

F2 · derivative.exercise_date: These restricted stock units represent the right to receive 599 shares of Culp, Inc. common stock based on the reporting person remaining employed by the company as of the end of a three year vesting period, as described in the award agreement.

F2 · derivative.expiration_date: These restricted stock units represent the right to receive 599 shares of Culp, Inc. common stock based on the reporting person remaining employed by the company as of the end of a three year vesting period, as described in the award agreement.

Read SEC document
July 21, 2022 Filed Aug 22, 2022 18:52 UTC CULP INC CULP · Entity 7288 Exercise / conversionCommon Stock 599 $0.00 $0.00
Disclosure

SEC source: 0001765814-22-000037 · primary_doc.xml · nonDerivative · entry 1

Durbin Ashley Carter · CIK 0001765814 · VP, General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,954

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
July 13, 2022 Filed Jul 14, 2022 15:46 UTC CULP INC CULP · Entity 7288 OtherCommon Stock 3,967 $4.94 $19,596.98
Disclosure

SEC source: 0001765814-22-000027 · primary_doc.xml · nonDerivative · entry 1

Durbin Ashley Carter · CIK 0001765814 · VP, General Counsel

10b5-1 filing: Not disclosed

Ownership: Indirect · 401(k) Plan

Disclosed balance after: 11,105

F1 · shares: Estimated number of shares based on calculation from information provided by 401(k) Plan administrator.

F1 · balance_after: Estimated number of shares based on calculation from information provided by 401(k) Plan administrator.

Read SEC document
March 11, 2022 Filed Mar 14, 2022 18:21 UTC CULP INC CULP · Entity 7288 OtherCommon Stock 3,366 $7.83 $26,355.78
Disclosure

SEC source: 0001765814-22-000012 · primary_doc.xml · nonDerivative · entry 1

Durbin Ashley Carter · CIK 0001765814 · VP, General Counsel

10b5-1 filing: Not disclosed

Ownership: Indirect · 401(k) Plan

Disclosed balance after: 7,154

F1 · shares: Estimated number of shares based on calculation from information reported by 401(k) Plan administrator.

F1 · balance_after: Estimated number of shares based on calculation from information reported by 401(k) Plan administrator.

Read SEC document
July 22, 2021 Filed Jul 26, 2021 21:07 UTC CULP INC CULP · Entity 7288 GrantRestricted Stock Units · Derivative 6,644 $0.00 Strike: $0.00 $0.00
Disclosure

SEC source: 0001765814-21-000029 · primary_doc.xml · derivative · entry 1

Durbin Ashley Carter · CIK 0001765814 · VP, General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,644

Underlying: Common Stock · 9,966 shares

Expires not disclosed

F1 · security: Contingent right to receive issuance of Culp, Inc. common stock.

F2 · derivative.exercise_date: 1/2 of these restricted stock units (3,322 RSUs) vest and convert into the right to receive one share of common stock per RSU (3,322 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 1/2 of these restricted stock units (3,322 RSUs) could vest and convert into the right to receive 2 shares of common stock per RSU (6,644 total shares of common stock) if the company achieves certain performance criteria over a three year period beginning May 3, 2021, and ending April 28, 2024, per the terms of the award agreement.

F2 · derivative.expiration_date: 1/2 of these restricted stock units (3,322 RSUs) vest and convert into the right to receive one share of common stock per RSU (3,322 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 1/2 of these restricted stock units (3,322 RSUs) could vest and convert into the right to receive 2 shares of common stock per RSU (6,644 total shares of common stock) if the company achieves certain performance criteria over a three year period beginning May 3, 2021, and ending April 28, 2024, per the terms of the award agreement.

F2 · derivative.underlying_shares: 1/2 of these restricted stock units (3,322 RSUs) vest and convert into the right to receive one share of common stock per RSU (3,322 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 1/2 of these restricted stock units (3,322 RSUs) could vest and convert into the right to receive 2 shares of common stock per RSU (6,644 total shares of common stock) if the company achieves certain performance criteria over a three year period beginning May 3, 2021, and ending April 28, 2024, per the terms of the award agreement.

Read SEC document
August 06, 2020 Filed Aug 25, 2021 12:45 UTC CULP INC CULP · Entity 7288 GrantRestricted Stock Units · Derivative 2,112 $0.00 Strike: $0.00 $0.00
Disclosure

SEC source: 0001765814-21-000033 · primary_doc.xml · derivative · entry 1

Durbin Ashley Carter · CIK 0001765814 · VP, General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,112

Underlying: Common Stock · 2,112 shares

Expires not disclosed

F1 · security: Contingent right to receive issuance of Culp, Inc. common stock.

F2 · derivative.exercise_date: These time-based restricted stock units could vest at one share of common stock per unit (2,112 total shares) if the recipient remains employed by the company at the end of the three year vesting period beginning August 6, 2020 and ending August 23, 2023, per the terms of the award agreement.

F2 · derivative.expiration_date: These time-based restricted stock units could vest at one share of common stock per unit (2,112 total shares) if the recipient remains employed by the company at the end of the three year vesting period beginning August 6, 2020 and ending August 23, 2023, per the terms of the award agreement.

Read SEC document
March 10, 2020 Filed Mar 12, 2020 12:45 UTC CULP INC CULP · Entity 7288 PurchaseCommon Stock 1,355 $7.43 $10,067.65
Disclosure

SEC source: 0001765814-20-000012 · primary_doc.xml · nonDerivative · entry 1

Durbin Ashley Carter · CIK 0001765814 · VP, General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,355

Read SEC document
March 09, 2020 Filed Mar 10, 2020 20:58 UTC CULP INC CULP · Entity 7288 OtherCommon Stock 3,627 $7.47 $27,093.69
Disclosure

SEC source: 0001765814-20-000011 · primary_doc.xml · nonDerivative · entry 1

Durbin Ashley Carter · CIK 0001765814 · VP, General Counsel

10b5-1 filing: Not disclosed

Ownership: Indirect · 401(k) Plan

Disclosed balance after: 3,626

Read SEC document
July 18, 2019 Filed Jul 22, 2019 21:02 UTC CULP INC CULP · Entity 7288 GrantRestricted Stock Units · Derivative 1,198 $0.00 Strike: $0.00 $0.00
Disclosure

SEC source: 0001765814-19-000020 · primary_doc.xml · derivative · entry 1

Durbin Ashley Carter · CIK 0001765814 · VP, General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,198

Underlying: Common Stock · 1,797 shares

Expires not disclosed

F1 · security: Contingent right to receive issuance of Culp, Inc. common stock.

F2 · derivative.exercise_date: 1/2 of these restricted stock units (599 RSUs) vest and convert into the right to receive one share of common stock per RSU (599 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 1/2 of these restricted stock units (599 RSUs) could vest up to 2 shares of common stock (1,198 total shares of common stock) if the company achieves certain performance criteria over a three year period beginning April 29, 2019 and ending May 1, 2022, per the terms of the award agreement.

F2 · derivative.expiration_date: 1/2 of these restricted stock units (599 RSUs) vest and convert into the right to receive one share of common stock per RSU (599 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 1/2 of these restricted stock units (599 RSUs) could vest up to 2 shares of common stock (1,198 total shares of common stock) if the company achieves certain performance criteria over a three year period beginning April 29, 2019 and ending May 1, 2022, per the terms of the award agreement.

F2 · derivative.underlying_shares: 1/2 of these restricted stock units (599 RSUs) vest and convert into the right to receive one share of common stock per RSU (599 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 1/2 of these restricted stock units (599 RSUs) could vest up to 2 shares of common stock (1,198 total shares of common stock) if the company achieves certain performance criteria over a three year period beginning April 29, 2019 and ending May 1, 2022, per the terms of the award agreement.

Read SEC document

Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.