CULP INC — Director's Dealing 2019

Jul 5, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CULP INC (CULP)
CIK: 0000723603
Period of Report: 2019-06-11

Reporting Person: CHUMBLEY BOYD BROOKS (President, Upholstery Fabric)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-06-11	Common Stock	M	4390	—	Acquired	36457	Direct
2019-07-03	Common Stock	F	1304	$17.36	Disposed	35153	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-06-11	Restricted Stock Units	$0	M	4390	Acquired		Common Stock (4390)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7806	Indirect

Footnotes

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

F2: These Restricted Stock Units represent the right to receive 4,390 shares of Culp, Inc. common stock based on the company's achievement of certain performance criteria over a three year period from May 2, 2016 through April 28, 2019, as described in the award agreement.