CULP INC — Director's Dealing 2020

Jul 27, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CULP INC (CULP)
CIK: 0000723603
Period of Report: 2020-07-23

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-07-23	Common Stock	M	2458	—	Acquired	37611	Direct
2020-07-23	Common Stock	F	708	$9.96	Acquired	36903	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-07-23	Restricted Stock Units	$0	M	2458	Acquired		Common Stock (2458)	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 2,458 shares of Culp, Inc. common stock based on the Company's achievement of certain performance criteria over a three-year period from May 1, 2017 through May 3, 2020, as described in the award agreement.