0001765814-23-000062.txt : 20231002 0001765814-23-000062.hdr.sgml : 20231002 20231002172430 ACCESSION NUMBER: 0001765814-23-000062 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230928 FILED AS OF DATE: 20231002 DATE AS OF CHANGE: 20231002 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CULP ROBERT GEORGE IV CENTRAL INDEX KEY: 0001294280 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12597 FILM NUMBER: 231300782 MAIL ADDRESS: STREET 1: 101 SOUTH MAIN STREET CITY: HIGH POINT STATE: NC ZIP: 27260 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 X0508 4 2023-09-28 0 0000723603 CULP INC CULP 0001294280 CULP ROBERT GEORGE IV 1823 EASTCHESTER DRIVE HIGH POINT NC 27265 1 1 0 0 President and CEO 0 Restricted Stock Units 0 2023-09-28 4 A 0 89445 0 A Common Stock 134168 179084 D Contingent right to receive issuance of Culp, Inc. common stock. 1/4 of these restricted stock units (22,361 RSUs) vest and convert into the right to receive one share of common stock per RSU (22,361 total shares of common stock) on or about July 10, 2026, if the participant remains employed by the company as of such date; the remaining 3/4 of the restricted stock units (67,084 RSUs) could vest and convert into the right to receive up to a maximum of 111,807 total shares of common stock if the company achieves certain performance criteria over a three-year performance period beginning May 1, 2023, and ending May 3, 2026, per the terms of the award agreement. /s/ Ashley C. Durbin, Attorney-in-Fact 2023-10-02