0001765814-22-000031.txt : 20220812
0001765814-22-000031.hdr.sgml : 20220812
20220812131831
ACCESSION NUMBER: 0001765814-22-000031
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220810
FILED AS OF DATE: 20220812
DATE AS OF CHANGE: 20220812
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Bowling Kenneth R
CENTRAL INDEX KEY: 0001349121
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-12597
FILM NUMBER: 221159152
MAIL ADDRESS:
STREET 1: 1823 EASTCHESTER DRIVE
CITY: HIGH POINT
STATE: NC
ZIP: 27265
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CULP INC
CENTRAL INDEX KEY: 0000723603
STANDARD INDUSTRIAL CLASSIFICATION: BROADWOVEN FABRIC MILLS, COTTON [2211]
IRS NUMBER: 561001967
STATE OF INCORPORATION: NC
FISCAL YEAR END: 0503
BUSINESS ADDRESS:
STREET 1: 1823 EASTCHESTER DRIVE
CITY: HIGH POINT
STATE: NC
ZIP: 27265
BUSINESS PHONE: 3368895161
MAIL ADDRESS:
STREET 1: P O BOX 2686
CITY: HIGH POINT
STATE: NC
ZIP: 27265
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0306
4
2022-08-10
0
0000723603
CULP INC
CULP
0001349121
Bowling Kenneth R
1823 EASTCHESTER DRIVE
HIGH POINT
NC
27265
0
1
0
0
EVP, CFO & Treasurer
Restricted Stock Units
0
2022-08-10
4
A
0
22630
0
A
Common Stock
33945
22630
D
Contingent right to receive issuance of Culp, Inc. common stock.
1/2 of these restricted stock units (11,315 RSUs) vest and convert into the right to receive one share of common stock per RSU (11,315 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 (11,315 RSUs) could vest and convert into the right to receive up to 2 shares of common stock per RSU (22,630 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.
/s/ Ashley C. Durbin, Attorney-in-Fact
2022-08-12