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CULP INC Director's Dealing 2012

May 3, 2012

34527_dirs_2012-05-03_82d4133b-1b81-4e35-a608-30625ac86d8e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CULP INC (CFI)
CIK: 0000723603
Period of Report: 2012-05-02

Reporting Person: SAXON FRANKLIN N (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-02	Common Stock	S	2985	$11.88	Disposed	248324	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	69791	Indirect

Footnotes

F1: Open market sale pursuant to a 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.