CULP INC — Director's Dealing 2017

Jul 17, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CULP INC (CFI)
CIK: 0000723603
Period of Report: 2017-07-13

Reporting Person: Bowling Kenneth R (Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-07-13	Restricted Stock Units	$0	A	3811	Acquired		Common Stock (7622)	Direct

Footnotes

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

F2: These restricted stock units could vest up to a maximum of 2 shares of common stock per unit (7,622 shares of common stock) over a three year period from May 1, 2017 through May 3, 2020, if the company achieves certain performance criteria as defined in the award agreement.